What do rights, obligations, and actions that apply to a movable thing refer to?

Study for the Louisiana Title Insurance Exam. Engage with flashcards and multiple choice questions. Hints and explanations guide your way. Prepare confidently for your certification!

The rights, obligations, and actions that apply to a movable thing are referred to as incorporeal movables. This term encompasses the legal aspects related to movable property, which is characterized by items that can be physically moved, such as vehicles, furniture, or equipment. Incorporeal movables specifically refer to rights or interests that are not physically tangible but pertain to movable items, like rights to use or lease them.

In contrast, immovable assets refer to property that cannot be moved, such as land and buildings. Dominant interests relate to the concept of property rights where one party has rights over a resource that may affect another party's rights, and fiduciary rights pertain to obligations that arise when one party acts on behalf of another, establishing a relationship of trust. Therefore, the option that specifically addresses movable things and their associated rights and obligations is incorporeal movables.

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