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What is the rationale for the internal control principle, segregation of duties?
Fishing in the Ocean
The activity of catching fish in the ocean for commercial, recreational, or subsistence purposes.
Property Rights
Legal rights to own, use, and dispose of assets, which can include intellectual property, land, or personal property.
Common Resources
Resources that are available to all but are susceptible to overuse because of their non-excludable and rivalrous nature, leading to potential depletion or degradation.
Socially Optimal
A state of the market where resources are allocated in the most efficient manner, maximizing the overall benefit to society.
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