Which of the Following Statements Is True About Property

question 34

Multiple Choice

Which of the following statements is true about property?

• A) People can privately own every resource, especially every resource of use.
• B) A private property in a resource can be created if you can legally exclude others from that resource.
• C) The federal law has little control over the exercise of ownership or sale of any type of property across all states.
• D) A property is usually infinite but has an ambiguous boundary.
• E) A property includes resources but not the use of resources.

---

Definitions:

Wealth

The abundance of valuable resources or material possessions, or the control over such assets.

Contribute

To give or supply in common with others; to add to a collective or a specific cause, project, or effort.

Benefit

Refers to a favorable or advantageous outcome derived from a specific action or situation.

Public Entertainment

Activities or performances, often provided or endorsed by government or community entities, designed for the enjoyment of the public.