The most important consequence of property rights is that
A)they facilitate exchange.
B)allow for freedom of choice.
C)they encourage people to cooperate by helping to ensure that only mutually agreeable economic transactions take place.
D)they allow for a division of labour.

Question

Quizplus · Accepted Answer

Property rights encourage cooperation by ensuring that economic transactions are mutually agreeable, as they provide legal protection and assurance to the parties involved.

The Most Important Consequence of Property Rights Is That