Correct option is C
The Interest theory of legal rights posits that the purpose of legal rights is to protect an individual’s interests. According to this theory, rights exist to safeguard the important interests of the right-holder.
Information Booster:
Interest theory, mainly advanced by scholars like Rudolf von Jhering, holds that rights are legally protected interests. The core idea is that the law grants rights to protect significant individual or societal interests.
Additional Information:
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(a) Concession theory: This theory states that legal rights are privileges or concessions granted by the state or legal system, and individuals do not inherently have rights.
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(b) Fiction theory: Often used in the context of legal personhood, this theory holds that certain entities (like corporations) are treated as legal persons as legal fiction.
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(d) Bracket theory: This theory is associated with legal fiction, particularly in the context of collective or corporate entities, but it is not focused on individual legal rights.
