ECN 321 Lecture Notes - Lecture 5: Variety Store, Salfords, Raw Milk

• School: Ryerson University
• Department: Economics
• Course: ECN 321
• Professor: Floyd Sutherland

Document Summary

We said that the law was fair to all. The process of protecting property rights is also fair in that it first seeks to determine if damage has been done, i. e. , if rights have been violated, and who is liable before offering a remedy (punishment). This is the invasion of someone else"s property by entering without the owner"s consent, remaining there against the owner"s wishes, or without legal authorization to be there. This is important since a police officer in the regular course of duty will not be considered a trespasser. Nevertheless, trespass involves failure to carry out the duty of not interfering with others. The ability to exclude" which we lose if trespass goes without remedy. The law seeks to rectify this unwarranted invasion. source: http://www. google. ca/imgres?imgurl=http://worldstogethertravel. com/jamaica/ima ges/touring-pics/reach%2520falls/w- trespassing. jpg&imgrefurl=http://worldstogethertravel. com/jamaica/tour- reach2. htm&h=450&w=600&sz=30&tbnid=opissf0tqb0pkm:&tbnh=98&tbnw= Not only should property owners be allowed to exclude users for welfare gains, but ownership represents a sense of sovereignty which is a necessary component of economic development.