The nature of equity has been controversial. It has been formed such relatively influential theories as ownership, claim, membership right, shareholder status' right, and independent civil right, etc. In order to reveal scientifically the nature of equity, it has been prominently used not only legal logic reasoning method but also Hohfeld's analyses theory on rights. It has been revealed layer after layer that equity is not bundle of rights, and cannot be also classified to a claim or real right. Equity is a new civil property right with the unique structure.

Limei Wang. Dissection of the Nature of Equity with Hohfeld's Analyses Theory on Rights. International Journal of Frontiers in Sociology (2020), Vol. 2, Issue 1: 26-32. https://doi.org/10.25236/IJFS.2020.020104.

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