When private ownership rights are well-defined and enforced, owners
A) can ignore the wishes of others, without bearing the cost.
B) have little incentive to take care of things.
C) can do anything they want with their property.
D) can be held accountable for damage to others through misuse of their property.

Question

Quizplus · Accepted Answer

When private ownership rights are well-defined and enforced, owners are held accountable for any damage their property causes to others, ensuring responsible use and management.

When Private Ownership Rights Are Well-Defined and Enforced, Owners