Question

Vesting of rights refers to the multiple choice maturing of rights which a party can legally act upon. losing of rights which a party can legally act upon. diminishing of rights which a party can legally act upon. transferring of rights which a party can legally act upon.

Answer 1

The correct answer is the first choice above, where it reads, 'maturing of rights which a party can legally act upon.'

Vesting of rights is defined as having to provide an immediate and secured right for the present or future by which it couldn't be taken away when given by another party.