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Which of the following is accurate with respect to the relationship between impacts and outputs?
Irrevocable Right
An irrevocable right refers to a legal entitlement or permission that cannot be withdrawn, cancelled, or revoked by the grantor once granted.
License
A revocable right to temporarily use another’s property.
Property
Assets or possessions, either tangible or intangible, owned by individuals or entities.
Restrictive Covenant
A promise to use or not to use one’s land in particular ways.
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