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Which of the following refers to a set of rights to control a tangible or intangible thing?

a) Property
b) Norm
c) Contract
d) Tort

User Shawntavia
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1 Answer

1 vote

Answer:

a) Property

Step-by-step explanation:

A property right is the exclusive or sole authority which determines the legal ownership of tangible and intangible resources and how these resources are to be used, whether by individuals or government.

Basically, properties can either be owned by the government, an individual or business entity. Some examples of a property include cars, land, houses, machines, books, inventions, mobile phones, ideas, birds, etc.

Hence, property rights refers to a set of rights to control a tangible or intangible thing.

User Kalpesh Dusane
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