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Mark the correct statement
Private property is owned by a person or group of persons exclusively
Private property is used for one's own good
Private property is subjected to the state regulations from time to time
All of the above
- Option 1: Private property is owned by a person or group of persons exclusively.
This statement is correct. Private property is typically owned by an individual or a group, with rights to exclude others from use.
- Option 2: Private property is used for one's own good.
This is partially true as private property is often used to benefit the owner personally or economically.
- Option 3: Private property is subjected to the state regulations from time to time.
This is accurate as governments can impose regulations on private properties, such as zoning laws and taxes.
- Option 4: All of the above.
This option is correct as all the statements are generally valid regarding private property.
By: Pradeep Kumar ProfileResourcesReport error
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