Essential Ingredients of Legal Right

Q. Discuss essential ingredients of legal rights in brief. [4 marks - 2023]


Essential Ingredients of Legal Rights:

Ownership: A person must be the owner of a right.
Duties: Rights and duties are important elements of law, and are correlated with each other.
Consideration: A vital element in the law of contracts, consideration benefits both parties and separates a legally enforceable contract from a legally unenforceable "mere promise".
Acceptance: An essential concept in law, acceptance is one of the elements required for a contract to be legally binding.
Capacity: An important element of the ability to lawfully sign and validly enter a contract.
Contract legality: A critical component of a valid contract, legality requires the contract to follow the laws of the state and not be against public policy.
Public and private rights: Legal rights can be considered as both public and private. Public rights are those rights which are vested within the state, that means every individual is subject to such right

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