Goods and Private Law

The so-called Patrimonial Civil Law is the set of rules intended to regulate and discipline social activities whereby economic goals of persons are fulfilled and the economic structure of communities is organized. In modern trade, together with the economic dynamics ruled by Contract Law, there is a patrimonial status, a status quo of economic goods that presupposes the starting point and the point of destiny of any transaction. With such aims, the ‘Law of Goods’ (Derecho de Cosas) embodies the decisions that every society must adopt concerning allocation of resources, the extent and limits of ownership, and the use and exploitation of goods.