Use the theory of transaction costs to justify protecting the following rights by injunction or damages: a.
Question:
a. A landowner’s right to exclude from his property a neighbor’s gas line.
b. A new car owner’s right to have her car’s defective transmission replaced by the seller.
c. A homeowner’s right to be free from air pollution by a nearby factory.
d. A spouse’s right to half the house on divorce.
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Should we protection the following interests by an injunction or damages a A land owners right to exclude from his property a neighbors gas line An injunction There are two parties involved so presuma...View the full answer
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