Why are property rights important to businesses?
A. They protect businesses' overseas operations from foreign laws.
B. They increase federal funding to businesses.
C. They stop competitors from copying businesses' ideas,
D. They limit the total taxes businesses must pay.
SUBM

Answers

Answer 1

Property rights are important to businesses because they stop competitors from copying businesses' ideas. The Option C.

Why are property rights important?

It is essential to businesses because its protect their intangible assets such as patents, trademarks, and copyrights. These rights prevent competitors from copying or using their ideas which can harm the business's reputation and profits.

The property rights encourage innovation and creativity as businesses are motivated to invest in research and development to create new and unique products or services that can be protected.

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