POLI 260 Introduction to Legal Transactions

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Legal transactions under course POLI 260 Introduction to Legal Transactions are the means by which traditional subjects can change the legal positions of themselves or other persons intentionally.

Following are the Examples from private law are:

• Contracts
• Terminations of contracts
• Last wills
• Transfers of rights
• The creation of rights in rem such as usufruct and mortgage

A transactional act is different as compared to the other lawful legal acts, i.e. the quasi-transactional act under course POLI 260 Introduction to Legal Transactions. The quasi-transactional act, though optional and intended, puts forward about legal effects that are not important or sought out.

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