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Understanding Goods and Property Rights

Concept of Goods

• The distinction between "things" and "goods" is introduced, emphasizing that for something to be considered a good, it must not only be useful but also subject to appropriation.

• Common resources such as stars, air, and the high seas cannot be objects of legal relations due to their shared nature.

Types of Rights

• Discussion on real rights (derechos reales), which directly pertain to a thing. Examples include property, inheritance, usufruct, active servitude, rent, and mortgage.

• Real rights can apply to both tangible (material) items like houses or books and intangible (immaterial) items such as copyright.

Classification of Things

• Tangible things are described as corporeal; they have a real existence and can be perceived through the senses.

• Intangible things are referred to as incorporal; they consist of rights or claims rather than physical objects.