Property Rights and Legal Implications

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SereneCarnelian
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Which one of the following is a key characteristic of property in law?

Property is the relationships an owner acquires with respect to things.

What are the rights of private property under the law?

The right to possess and exclude others.

What is the most important instrument for organizing private property rights in the means of production?

Corporate equity represented by shares of common stock

What does joint or share ownership provide in a corporation?

<p>A definable private property stake for each shareholder</p> Signup and view all the answers

What is the primary social 'link' between a human being and the process of producing and distributing wealth?

<p>Private property ownership</p> Signup and view all the answers

Why is democratizing ownership essential for democratizing power?

<p>Because private property ownership leads to decentralized power</p> Signup and view all the answers

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