Property rights are essential to a free-market principle because it gives the owners of their property full control over its use. This full control enables property owners to use their resources in the most efficient way possible, and maximize the total benefit of these resources.
When property rights are not guaranteed, the free-market system suffers significantly. When people to not have fulls rights to their earned property, and also have the ability to claim/steal the property of others, an efficient free market system is impossible.
Feudalism, in its various forms, usually emerged as a result of the decentralization of an empire, especially in the Carolingian empires, which lacked the bureaucratic infrastructure necessary to support cavalry without the ability to allocate land to these mounted troops.
Question:
How did trading metal tools with the Spanish affect Native Americans?
Answer:
<em><u>b Grew healthier </u></em><em><u>food</u></em>
hope it helps (^^)
#Cary on learning
Answer:
The correct answer is letter "C": That the oral agreement fell outside the statute of frauds if the plaintiff satisfied the main-purpose doctrine.
Explanation:
<em>Power Entertainment Inc. </em>sued <em>National Football League Properties Inc.</em>(NFLP), saying the other party violated an oral agreement to allow it to assume a third party debt if the other party would allow it to acquire valuable third party business licenses previously held. The Court of Appeals ruled that fraud status did not apply in such cases in Texas, the state where it all took place.
