Which of the following is an incorrect statement regarding property interests in Vietnam?
A) Vietnam's new constitution asserts that the state owns all the land.
B) If an individual wants to use land,he or she must pay tax on it as a form of rent.
C) Transfer of property can occur only with the approval of a state official.
D) A new owner can never be given a longer term of right or more extensive rights over the land than the original owner had.
E) The transferring owner determines the price for which property will be transferred.
Correct Answer:
Verified
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