general key terms

Question 0

finders keepers losers weepers

Answer 0

salvage in maritime involving ship wrecks
A finders title is good against the whole world except the true owner, prior finders, and sometimes the owner of the land where the object is found

Question 1

Rule- Property rights to the people who obtain the most economic value

Answer 1

inherent value v. developmental use

measure common good by adding individual goods

Question 2

bundle of sticks

Answer 2

right to use
right to exclude
right to posses
right to transfer