The bundle of legal rights over the use to which a resource is put; and over the use made of any income that may be derived form that resource are called __________ rights.

Question

Quizplus · Accepted Answer

The description given in the question pertains to property rights. Property rights refer to the legal ownership of a resource and the rights that come with that ownership, including the rights to use that resource and derive income from it. Statutory rights, taxable rights, and user rights are not relevant to the description given in the question. Asset rights could be a possible option but the term "asset rights" is not commonly used, and property rights is a more commonly accepted term for the description provided in the question. Therefore, the best answer is D) property rights.

The Bundle of Legal Rights Over the Use to Which