The courts have generally defined just compensation in terms of
A) market value of a specific resource.
B) social welfare value of a specific resource.
C) the duration taken to settle a resource ownership dispute by due process of law.
D) the need of a specific resource to the public.
E) the number of years a specific resource is in possession of a private party.

Question

Quizplus · Accepted Answer

The courts have generally defined just compensation in terms of market value. In most instances, the government offers compensation to an owner, a negotiation follows, and an amount is agreed upon as a just compensation.

The Courts Have Generally Defined Just Compensation in Terms of