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Property rights are _____.

a)agreements enforceable by law
b)privileges to decide how resources are used
c)legal obligations to repay a debt

User Arsenius
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2 Answers

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B) Privileges to decide how resources are used
User Mrugesh
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Answer: B) Privileges to decide how resources are used

Explanation: Property rights are the inalienable right of every individual, group, state, etc. This right allows full freedom in how the property or resource will be owned or used. In economic terms, property is considered to be the economic good of those who have the property right over it. Private property may be any movable or immovable property, as well as tangible and intangible property, such as land, buildings, cars, money, copyright, etc.

User Jason Rogers
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