Intro Materials

Question 1

Underlying Principles of Property

Answer 1

First possession, encourage labor, maximize happiness, democracy and personal development

Question 2

Rule of capture

Answer 2

Actual possession of animal is necessary

Question 3

Correlative rights

Answer 3

Take only as much is necessary in connection to land from which it is taken (proportional to land)

Question 4

Doctrine of discovery

Answer 4

Legal justification for colonization of land not inhabited by Christians (Johnson v. Mc’Intosh)

Question 5

Intellectual property policy arguments

Answer 5

For protection: integrity in market, taking something that feels like identity, diluted value for original

Against protection: brightline rule, prices will go down, encourage competition, ideas are derivative