BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a state’s control over a certain territory with borders.
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an individual’s right to do as they please when on their own property.
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a state’s right to take land from its citizens, usually accompanied by just compensation.
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the right for a neighbor to gain ownership of another’s property
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Detailed explanation-1: -Eminent Domain means the government deprives the individual property for the interest of the general public. The authority on the acquisition of land must pay the compensation from whom the land has been acquired.
Detailed explanation-2: -eminent domain, also called condemnation or expropriation, power of government to take private property for public use without the owner’s consent. Constitutional provisions in most countries require the payment of compensation to the owner.
Detailed explanation-3: -Eminent domain, simply put, is the State’s power to acquire private property against the consent of the owner for a ‘public purpose’. There are three commonly accepted elements to it. First, the taking should be under a valid law. Second, the land owner must be paid just compensation.
Detailed explanation-4: -Overview. Eminent domain refers to the power of the government to take private property and convert it into public use, referred to as a taking. The Fifth Amendment provides that the government may only exercise this power if they provide just compensation to the property owners.
Detailed explanation-5: -Eminent domain is the right of your local and state government to seize private land for public use, with compensation in return. It’s essential for homeowners to understand how eminent domain works and what rights they have when the government wants their land.