Final answer:
The property of Python lists that is correct among the options provided is that c. list elements can be accessed by an index value. Lists are dynamic and are designated using square brackets, and they do not have key-value pairs like dictionaries do.
Step-by-step explanation:
The correct answer to the question about Python lists is c.) list elements can be accessed by an index value. This means that each element in a list has a specific position that you can refer to with an index number. For example, in the list ["apple", "banana", "cherry"], "apple" is at index 0, "banana" is at index 1, and "cherry" is at index 2.
Contrary to some of the other options listed, Python lists are not created using curly brackets – that syntax is used for dictionaries, which do have key-value pairs. Lists in Python are created using square brackets, not curly ones. Also, lists are not static; they are dynamic, meaning they can change in size. Option d is also incorrect because, in lists, elements are not stored as key-value pairs, which is a concept related to dictionaries.