6 Questions
What is the primary social link between a human being and the process of producing and distributing wealth?
Private property
What is the key to distributive justice, assuming economic values are set democratically and freely in a competitive marketplace?
Private property
Why is decentralized power essential for safeguarding against the corruptibility of concentrated power?
Because power tends to corrupt and absolute power corrupts absolutely
What is property?
The rights, powers, and privileges that an individual enjoys in his relationship to things
What are the rights of property?
Possessing, excluding others, disposing or transferring, using, enjoying the fruits, profits, product or increase, and destroying or injuring
What is corporate equity?
The form of shares of common stock
Test your knowledge on the concept of property and its legal implications with this quiz. Learn about the true definition of property and the rights and privileges associated with private ownership. Explore the relationship between ownership and access to credit or creative activity.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
