Business Law Unit 3 Challenges Sophia (1) Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION

Business Law Unit 3 Challenges Sophia Business Law Unit 3 Challenges Sophia Unit no #3 Challenge no 1 Which of the following is the fundamental definition of property ownership? · a.) The right to control property · b.) The possession of property · c.) The right to exclude others from property · d.) The right to acquire property Which of the following is true of property ownership in the United States? · a.) Nonhuman legal persons, such as corporations, may own property. · b.) Property ownership has always been available to everyone in the United States. · c.) The legal system still recognizes ownership of a human body as long as it is your own. · d.) Property rights have remained static over time. Why are laws to protect property ownership important to society? · a.) They defend the rights of the powerful. · b.) They are fundamental to peace and stability. · c.) They allow wealth to accrue. · d.) They define tangible versus intangible property