You've been there and know the terrain: The law breaks property into two categories — real and personal. If the object of a transaction is found to be personal property, then it is subsequently categorized as either tangible or intangible.
Not All Property Rights Are Created Equal
You've been there and know the terrain: The law breaks property into two categories -- real and personal. If the object of a transaction is found to be personal property, then it is subsequently categorized as either tangible or intangible. In the realm of interconnected networked computers, however, although broadly categorized as personal property, Internet property has characteristics of tangible and intangible property. Consequently, attorneys must take the special nature of Internet property into consideration when attempting to resolve or avoid legal difficulties relating to an Internet transaction, something, of course, to which e-commerce ventures find themselves at ongoing risk and dealing in round-the-clock daily.
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