Question: State whether the statement is true, false, uncertain. If your answer is yes, there is no need for explanation. Otherwise, explain in no more than

State whether the statement is true, false, uncertain. If your answer is "yes", there is no need for explanation. Otherwise, explain in no more than 30 words, or simply correct the statement. a. "According to law, government is not obliged to pay compensation to the original property owner in taking." b. Suppose the following scheme is used in government taking: the original property owner is given the market value plus 20%. "The scheme is efficient because the owner no longer has the incentive to exaggerate his property value

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