(a) Why might tenant laws that confer permanent use rights on a tenant who has farmed a...
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(a) Why might tenant laws that confer permanent use rights on a tenant who has farmed a plot of land for some years have counterproductive effects on the security of a tenant?
(b) Explain why the presence of limited liability can give rise to situations in which eviction threats are used by the landlord against the tenant. Discuss the various factors that will affect tenant productivity if eviction is banned by law.
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