Examlex
In the eighteenth century, efforts began to stop emigration from England, except that convicts were still sent to bolster the Chesapeake labor force.
Property Rights
Legal rights to use, control, and dispose of property, including land, buildings, or intellectual property.
Injunctions
Injunctions are legal orders issued by a court that require a party to do or abstain from doing specific acts.
Liability Rules
Legal principles that govern the allocation of costs for damages or harm among parties in civil lawsuits.
Coase Theorem
A principle stating that if trade or bargaining is possible without cost, then the allocation of resources will be efficient and invariant to the allocation of property rights.
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