Final answer:
Liability for others mandated by law or through express agreement pertains to contractual and property rights, enabling individuals to enter agreements and seek legal recourse if terms are not honored. An example is an employment contract, like that between a surgeon and a patient, which requires payment for services rendered.
Step-by-step explanation:
Liability for others by mandate of law or by express agreement is often linked to the idea of contractual rights, which are founded on the notion of property rights. When individuals enter into contracts, they essentially agree on the terms under which their property or services will be used or provided.
A common example of this is an employment agreement, such as the one between a surgeon and a patient, where the expectation is that the surgeon will be compensated for their services. If the patient fails to pay, this is considered a theft of property—the property being the services rendered by the surgeon.
In the context of law, an express agreement is a clear, explicit understanding between parties, which outlines the responsibilities and liabilities of each. This legal mechanism fosters trust and cooperation in economic transactions, as parties have legal recourse through the court system in case of noncompliance. An efficient legal system that enforces contracts is crucial, as it ensures that agreements are respected and obligations are met, which is vital for economic growth and the smooth functioning of society.