Which of the Following Is False Regarding Ways in Which

question 50

Multiple Choice

Which of the following is false regarding ways in which people may acquire title to property?

• A) If a person creates a piece of property for himself or herself, then he or she owns that property only so long as it is registered through either the patent or copyright process.
• B) When a person is paid to create property for someone else, the property is owned by the person who paid for its creation.
• C) A means of acquiring ownership is by court order.
• D) In a bankruptcy case the court may award ownership of certain property to a creditor.
• E) A person may acquire ownership through confusion.

---

Definitions:

Economic Resource

Any resource used by humans to produce goods or services, including labor, capital, land, and entrepreneurship.

Real Capital

Physical assets like machinery, buildings, and technology that are used in production to create value.

Resource

An economic or productive factor required to accomplish an activity, often categorized into natural resources, human resources, and capital resources.