Contractual rights definition

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Contractual rights

Contractual rights logo #21000 A contractual right is a claim, on other persons, that is acknowledged and perhaps reciprocated among the principals associated with that claim. Specialized contractual rights exist as part of a `contract` or agreement between persons to whom these rights belong. One concept of rights is a principle of interaction between people which amounts to.....
Found on http://en.wikipedia.org/wiki/Contractual_rights
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