The Power of Governments to Appropriate Private Property for the Public

question 43

Multiple Choice

The power of governments to appropriate private property for the public welfare is known as

• A) zoning.
• B) eminent domain.
• C) appropriation.
• D) police power.

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Definitions:

Lobby Congress

The act of attempting to influence the actions, policies, or decisions of lawmakers, typically by interest groups or lobbyists.

Restrain Trade

Restrain Trade involves activities or agreements that limit competition or control prices within a specific industry, often regulated by antitrust laws.

Bundles

Packages or collections of items or services offered together, often at a reduced price.

Rule of Reason

A legal doctrine used in antitrust law stating that trade practices are only unlawful if they unreasonably restrain trade.