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Property' is a Relative Concept
Since the physical, legal and moral conditions of excludability may vary according to time and circumstance, it becomes clear that the notion of "property" in a resource is not absolute, but relative. The concept of "property" is not static, but dynamic. I may have "property" in a resource today, but not tomorrow. I may have "property" in a resource for one purpose but not for another. I may have "property" in a resource as against X but not necessarily as against Y or Z. It may be that P and Q can both claim "property" in the same resource although their respective interests are mutually opposed. It is not even inevitable that there should be a quantum step between having "property" in a resource and not having "property" in it. Propertiness is represented by a continuum along which varying kinds of "property" status may shade finely into each other.
1. Suppose we have four bonds with prices and cash flows as shown Bond Price Cash flow Cash flow Cash flow Cash flow Time zero Time one time two time three time four A 930 100 100
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what is theory
Ask question #Mprinciple of working from whole to parrinimum 100 words accepted#
Most U.S. supreme court cases involve issues which affect a lot of people true or false
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Problem 1: a. Explain the 4 identity statuses put forward by James Marcia. b. What are the major characteristics that distinguish adolescence thinking from mature thinking?
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