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LEGL 2700 Hackleman Test 1 Exam Questions and Answers 100% Solved 3 concepts for functioning market - Law- most significant and formal rules established by the gov Rule of Law - laws generally and equally applicable to all Property -enables party that owns property to keep other from interfering 3 Types of Property - Public, Private, Common jurisprudence - philosophies that explain the origin of law and its justification ownership - the right to turn to public authorities like the polic...

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intellectual property - correct answer a product of the intellect, such as an expressed idea or concept, that has commercial value what article protects intellectual property? - correct answer article 1 section 8 justification - correct answer justifications are variously focused upon the activities of the creator of an intangible asset, its would-be user, and the community in which the creator operates importance - correct answer creates incentives by providing exclusivity competiti...

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