Correct option is B
The classification of Mediate and Immediate Ownership is not commonly used in legal terminology. The valid classifications of ownership include Corporeal and Incorporeal, Sole and Co-ownership, and Vested and Contingent Ownership.
Information Booster:
· Corporeal Ownership refers to ownership of physical objects, while Incorporeal Ownership refers to ownership of rights (such as patents).
Additional Knowledge:
· Vested Ownership: Ownership where rights are already acquired.
· Contingent Ownership: Ownership dependent on a future event.
