Applied Business Law

Jun 17th, 2015
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Neumont University
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The government has the power on a person’s private property to take it over for public use termed as (a “taking”). Government may “take” personal property of owners in two basic ways.

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Applied Business Law Government Taking of Personal Property Your name Your instructors nameSummarize the legal characteristics of personal property, real property, and bailmentsThe government has the power on a persons private property to take it over for public use termed as (a taking). Government may take personal property of owners in two basic ways: 1) by regulating or limiting the use of property under police power authority of government; 2) by physically appropriating the property. The leading case shows that government is taking land of Sam by physically appropriating the land, i.e. for a right of way. In the light of this power, Government can form a lake on the location at which Sams land situated. Whereas, according to the 5th Amend

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