Question $2(20$ points$)$

$$Managers often possess an attitude that separates legal issues from the strategic and operational concerns of the business. However, in a global economy where goods, services, and investments move across political borders, subjecting businesses to the growing complexity of regulation and liability in other countries, this conventional approach to legal concerns is no longer realistic.$$ George J$.$ Siedel, Using the Law to Gain Competitive Advantage $(2002)$

$1.$ Explain how the quote above explains the concept of "property" and its importance to the United States legal system. Connect the role that Pierson v$.$ Post and M'Intosh v$.$ Johnson played in laying this foundation. Also, explain how the quote above supports the argument that all business professionals need to understand the concept of "property" in a global marketplace.

$2.$ Please take a moment to explain how the United State's focus on "property" may cause destruction and harm globally.