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Should Laws of the United States Be Able to Affect

question 96

Essay

Should laws of the United States be able to affect ownership and property rights of personal property that is physically located outside of the United States? Under what circumstances? What are some of the difficulties in determining the location of personal property?


Definitions:

Passengers

Individuals who are being transported from one place to another in a vehicle, aircraft, or vessel, usually for a fare.

Plane Operating Costs

Expenses associated with operating an aircraft, which include fuel, maintenance, crew salaries, and landing fees among others.

Tenant-Days

A metric that represents the total number of days that all units in a property were occupied over a specific period.

Revenue Variance

The difference between actual revenue and budgeted or expected revenue.

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