Bob owns a piece of land that the Green Stream flows through. An industrial polluter dirties the Green Stream and Bob attempts to sue the polluter and get an injunction to stop the practice. This is an example of how property rights can affect individual incentives.

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Business

Baron

23 January, 02:20

Bob owns a piece of land that the Green Stream flows through. An industrial polluter dirties the Green Stream and Bob attempts to sue the polluter and get an injunction to stop the practice. This is an example of how property rights can affect individual incentives.

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Isaac · Answer 1

TRUE

Explanation:

If Bob owns a piece of land that the Green Stream flows through. An industrial polluter dirties the Green Stream and Bob attempts to sue the polluter and get an injunction to stop the practice, Then it is true that this is an example of how property rights can affect individual incentives.

Property rights refer to the ability of individuals to legally own resources, rent them and / or sell them on to other individuals.

In the scenario Bob owns the piece of Land and reserves the right to sue any party who engages in activities that will reduce the value of his property.