[Modern Economic Problems by Frank Albert Fetter]@TWC D-Link book
Modern Economic Problems

CHAPTER 2
15/38

Most important of all limitations is the right of taxation, by which society takes more or less of private incomes for purposes of which the individual owners may not approve.
The law enforces a multitude of private claims by some persons against others.

A variety of rights called easements or servitudes may attach to private property, modifying its exclusive use.

Leases for any period are a limitation of the owner's control.

Both the holder of the lease and the owner of the property have certain rights before the law.

The lender of money secured by mortgage has a legally recognized and enforceable interest in the mortgaged wealth.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books