Chapter

Other Assets

Peter Cane

in Tort Law and Economic Interests

Published in print May 1991 | ISBN: 9780198252368
Published online March 2012 | e-ISBN: 9780191681370 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198252368.003.0004
Other Assets

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This chapter discusses financial assets which also receive protection under the tort of law. The assets discussed are expectancies, trade values, and monetary wealth. Expectancies come in two forms: the contractual and the non-contractual. A contractual expectancy consists of the chance or expectation of entering into a financially advantageous contractual agreement in the future. Non-contractual expectancy, on the other hand, consists of the chance or expectation of making a gain in the future by some means other than contractual agreement. The second group of assets discussed herein consists of trade values or intangible assets, the product of someone's effort and skill which can be exploited to make financial gains. The last group of assets is comprised of monetary wealth in all its forms. The interest being protected here is an interest in the preservation of the financial status quo.

Keywords: financial assets; assets; expectancies; trade values; monetary wealth; contractual expectancy; non-contractual expectancy; intangible assets

Chapter.  38929 words. 

Subjects: Civil Law

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