Which of the following is a situation where property rights are complete?
A)Your neighbour is always disturbing you with loud music.
B)Your neighbour pays you a fee because his driveway crosses your property.
C)You always get seated too close to the smoking section in restaurants.
D)An individual owns a property but cannot mine it.

Question

Quizplus · Accepted Answer

In option B, a fee is paid by the neighbor for using someone else's property, which implies that property rights are complete and clearly defined. Options A, C and D refer to situations where property rights are incomplete or contested.

Which of the Following Is a Situation Where Property Rights