What Are Property Rights

question 147

Multiple Choice

What are property rights?

• A)the title to ownership of any physical asset
• B)a legal document verifying ownership of intangible assets
• C)the rights individuals or firms have to the exclusive use of their property, including the right to buy or sell it
• D)the right of the government to appropriate private assets for the good of society

---

Definitions:

Ethical Behaviour

Conduct that is consistent with what individuals or society consider to be good morals or values.

Long-Term Personal Consequences

The enduring effects or outcomes that actions or decisions can have on an individual’s personal life, career, or overall well-being.

Procedural Justice

The fairness of the processes that are used to make decisions and allocate resources.

Sexual Harassment

Unwanted or inappropriate sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature.