Discussion
Ownership of a right is called :
Answer: B
Ownership of a right is incorporeal ownership.
Salmond distinguishes corporeal ownership, the ownership of a material thing such as land or a book, from incorporeal ownership, the ownership of a right, such as a patent, copyright, debt or easement. Strictly every ownership is of a right, but corporeal ownership is spoken of as ownership of the thing itself.
Beneficial ownership is the enjoyment of property held by a trustee, the trustee being the legal owner. Contingent ownership is ownership that will vest on an uncertain event. Both describe how ownership is held, not what is owned.
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