Property Law

question 64

Multiple Choice

Property law

• A)helps to ensure that only voluntary exchanges occur
• B)tends to decrease the level of economic efficiency
• C)helps define ownership rights to resources
• D)establishes property taxes
• E)helps to distribute government property

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Definitions:

Total Equity

The total of all ownership interest in a company, calculated as total assets minus total liabilities.

Debt-Equity Ratio

An indicator of the financial distribution between shareholder equity and debt in asset financing.

Total Debt

The sum of all short-term and long-term liabilities owed by a company, reflecting its overall debt load.