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Property Rights Can Be Dismantled into Lesser Bundles, Referred to as Interests

question 10

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Property rights can be dismantled into lesser bundles, referred to as interests, which can then be held by different individuals. Interests in real property that include possessions are referred to as:


Definitions:

Self-Interest

The focus on one's own advantage or well-being without necessarily considering that of others.

Acceptable

Considered suitable or satisfactory under the circumstances or by societal standards.

Optimal

Optimal describes the most desirable or advantageous condition or level of performance achievable under given circumstances.

Ranking Items

A method used to sort or prioritize items, tasks, or options based on specific criteria.

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