Question

Property rights are
a. the rights government has to the exclusive use of all​ property, including the right to buy or sell it.
b. the rights individuals or firms have to the exclusive use of their​ property, including the right to buy or sell it.
c. the rights individuals or firms have to the exclusive use of their​ property, excluding the right to buy or sell it.
d. the rights individuals or firms have to the exclusive use of their property within individual culturally defined norms which are inconsistent in each area of the united states.

Answer 1

Property rights are: b. The right that individuals or firms have to buy or sell their property, and the exclusive use of their property

These properties can either be owned by the government, an organization or an individual. The right to property has four properties or rights:

Good’s usage

Make money from the goods

Sell the good to others

Property rights administration