The Power to Take Private Property for Public Use Without

question 197

Multiple Choice

The power to take private property for public use without consent of the owner is:

• A) privity
• B) eminent domain
• C) caveat emptor
• D) easement publica
• E) Lanham Act action

---

Definitions:

Organization's Purpose

The fundamental reason for an organization's existence, often reflected in its mission and vision statements.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.

Competitive Environment

Refers to the external surroundings, including the number and strength of competitors, that affect an organization's ability to achieve its goals.

Corporate Philosophy

A set of guiding principles and values that dictate the behavior and strategic direction of a company.