Correct option is B
The term
"Res Nullius" is a Latin legal term meaning "a thing belonging to no one" or "ownerless property." It refers to objects or property that are not owned by any individual or entity and are therefore considered open for ownership by anyone who takes possession of them. In legal contexts, this term is often used in the context of wild animals, abandoned property, or natural resources that have not yet been claimed by any person or government.
Information Booster
Res Nullius is particularly relevant in areas like property law and international law. In property law, it may apply to resources like wild animals or unclaimed land that can be claimed by the first person to take possession. In international law, the concept has historically applied to territories that were considered unclaimed or uninhabited and were therefore available for colonization. The idea is that something which belongs to no one becomes the property of the first person to take control of it.
Additional Knowledge To better understand why the other options are incorrect:
·
Property of a certain person (Option a): This refers to property that is owned by an individual or a legal entity. Such property has a clear owner and therefore does not fall under the category of
Res Nullius.
·
Property of a corporation (Option c): This refers to assets owned by a corporate entity. Similar to personal property, corporate property is owned by a specific legal entity, so it does not qualify as
Res Nullius.
·
None of the above (Option d): This option is incorrect because
Res Nullius specifically refers to ownerless property, making Option (b) the correct choice.
