Explanation:

- Option 1: Terminates the rights of a legal person.

Death ends the rights and obligations of an individual. Legal entities must transfer rights and duties to heirs or representatives.

Correct answer

- Option 2: Does not terminate the rights of a legal person.

Incorrect, as death closes most personal legal rights. Legal entities might continue in some cases, but these do not apply to deceased humans.

- Option 3: Creates new rights for the deceased.

This is incorrect. Death does not generate new rights. Instead, existing rights transfer or dissolve.

- Option 4: None of the above.

Incorrect because option 1 accurately explains the scenario.