Usus, Fructus, Abusus
This has been the week from hell. Tomorrow I have a paper due and a microeconomics final. On top of that, I've been in real estate school all week. So during the day I learn about the Louisiana civil code and at night I read about monopolies, oligopolies, and how marginal revenue and marginal cost drive profit maximization. Any wonder I have a splitting headache right now?
When I don't worry about supply and demand, I get to revel in the fact that of the fifty states in the USA, Louisiana is the only state that does not follow common law. People who say, "That's right, it's the Napoleonic code" have only half the story. LA uses civil law, which is normally used in almost every European country that does not have English as its native tongue. Spain gets to share the blame for this - LA was theirs during 1762-1802. Anyway, so I have to learn common law stuff for the national real estate test and then forget all of that to learn the LA way for the LA part of the test. Tenants in common? Not in LA. Joint tenancy? Not in LA (BTW, joint tenancy might be a smart thing to check into if you're GLBT). We have expropriation, not condemnation.
Dation en paiement anybody?
This has been the week from hell. Tomorrow I have a paper due and a microeconomics final. On top of that, I've been in real estate school all week. So during the day I learn about the Louisiana civil code and at night I read about monopolies, oligopolies, and how marginal revenue and marginal cost drive profit maximization. Any wonder I have a splitting headache right now?
When I don't worry about supply and demand, I get to revel in the fact that of the fifty states in the USA, Louisiana is the only state that does not follow common law. People who say, "That's right, it's the Napoleonic code" have only half the story. LA uses civil law, which is normally used in almost every European country that does not have English as its native tongue. Spain gets to share the blame for this - LA was theirs during 1762-1802. Anyway, so I have to learn common law stuff for the national real estate test and then forget all of that to learn the LA way for the LA part of the test. Tenants in common? Not in LA. Joint tenancy? Not in LA (BTW, joint tenancy might be a smart thing to check into if you're GLBT). We have expropriation, not condemnation.
Dation en paiement anybody?
