That is...
That is, when someone transfers a product to another person, he has to receive something in return which is valuable proportionate to his transferred product. If a person is defrauded and cheated in a transaction, that transaction is invalid in the sense that the cheated one has the right after becoming aware of being cheated to cancel and revoke it. The reason for this is that here there is no proportion between the exchanged goods.
If a glass instead of a pearl or diamond is sold to a person and a huge amount of money is received from him, in this case a transaction has taken place (because after all, glass has a value and is transferred to another party and the payment for it is received) but this transaction is invalid, and the fair-minded ones do not approve it. Why?
It is not because the mere exchange or transfer of goods dictates that each of the two parties should definitely receive the proportional goods for the money paid; rather, it is because the social interests dictate so. As such, fraudulent transaction is invalid. The same is true in the case of “delusive” transaction which takes place without the other party being sure of which thing he has to give.
Two Types of Relationship between Right and Duty With respect to the topic of discussion, when we say, “The ruler has a right over the people,” the concept of the ruler’s having rights demands the observance of those rights by the people. There is sense in saying that one has right over the other, if his right needs not be observed.
Similarly, the meaning of saying, “Someone owes me something” is that “That person has to give me that thing.” It cannot be said, “I have a claim upon a person” if that person could either pay it or not depending on his choice! This situation is not consistent with the concept of being a creditor. The meaning of having a claim is that the debtor has to pay his debt unless the creditor relinquishes his right.
Therefore, the concept of right requires that in return for it, there should be a party obligated to respect that right. This relationship of right and duty is a conceptual interrelatedness; that is, two things that are related, and that connection has been embedded in the meaning of the word. One relationship of right and duty is this one in which wherever a right is regarded for a person, with respect to him the others are duty-bound to observe it.