What is property? Owner’s powers.
October 26, 2020 | Education
| Property – the ownership of a thing, factors and products of production to someone.
Property rights are exercised in the possession, disposal and use. Ownership – finding a thing in the owner’s household. Use gives the right to extract the consumer qualities of a thing, to use its useful properties. The order is expressed in the right of the owner to do with the thing at his own discretion, including donating, exchanging for other things, transferring it for temporary use or selling it to other persons.
