The social arrangement that gives John Grisham, the writer of best- selling novels, the ownership of his novels is

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Property rights are the legal ownership and control over resources or goods. In this case, John Grisham has property rights over his novels, which allows him to legally own and control the distribution, sale, and use of his works. This social arrangement incentivizes Grisham to produce more novels and allows him to benefit financially from their success.

The Social Arrangement That Gives John Grisham, the Writer of Best-