The buyer’s legal status in conditional sales, especially the buyer s contingent right (das Anwartschaftsrecht) is a very controversial legal issue. The paper introduces and commenu on the theories of Muenzel, Blo meyer, Rai ser, and Serick, as well as the viewpoints of the relevant Chinese scholars. According to the theory of "right is divided between buyer and
seller”and "dividedproperty interests with time", the author points out that the legal nature of the buyer s contingent right is ownership, although not complete ownership, and that the buyer has the beneficial ownership over the article, the seller has a security ownership over it, and the ownership is divided between the two.Such a result is very different from the traditional theory. However, it is exactly such conflicts that have led to the vigorous development of the legal theory. |