BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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it gave the government the right to seize a person’s land without paying just compensation.
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it extended the rules of adverse possession.
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it allowed for private entities to gain ownership rights of real property from other private entities through eminent domain.
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none of the above.
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Detailed explanation-1: -The property owners argued the city violated the Fifth Amendment’s takings clause, which guaranteed the government will not take private property for public use without just compensation. Specifically, the property owners argued taking private property to sell to private developers was not public use.
Detailed explanation-2: -The Supreme Court ruled on Kelo v. New London in 2005. The Court agreed with the city of New London and held that the government could take privately-owned land in order to turn it over to a private developer.
Detailed explanation-3: -5) Kelo vs. The U.S. Supreme Court ruled that eminent domain could be used to take land from one private landowner and give it to another for the sake of economic development.