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NemiM [27]
3 years ago
11

The state government offered Mike $300,000 for his family’s property, which they plan to use for building a new development.

Business
1 answer:
Fudgin [204]3 years ago
7 0

Answer:

Fifth Amendment; for non-profit purposes; is less than fair market value all around.

Explanation:

A constitution refers to a set of written laws and principles which is typically used to determine the power and authority of the government, as well as guarantee the fundamental rights of its citizens.

Basically, the Constitution accords powers to the national or federal government and these includes; enumerated or delegated, reflected, and concurrent powers.

The Fifth Amendment allows the state government to take the property as long as it is used for non-profit purposes.

However, Mike can still dispute the government’s offer if the compensation is less than fair market value all around.

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