When Property Rights Are Not Well Established

question 26

Multiple Choice

When property rights are not well established,

• A)private goods become public goods.
• B)markets fail to allocate resources efficiently.
• C)the distribution of private goods is unfair.
• D)government resources are used inefficiently.

---

Definitions:

Accutane

A brand name for isotretinoin, a powerful drug used in the treatment of severe acne.

Defendant's Motion

A formal request made to a court by the defendant challenging or asking for a specific action in a lawsuit.

Business Ethics

The use of ethics and ethical principles to solve business dilemmas.

Special Problems

Unique or complex issues that require specific attention or solutions.