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Property rights are important for businesses because they:
A. protect businesses from paying taxes to the federal government.
B. allow any business to freely use work developed by another
business.
C. limit competition between businesses in similar industries.
D. ensure that businesses can profit from their innovative ideas.

Respuesta :

Property rights are important for businesses because they are like a competition between businesses in similar industries.

What do you mean by Property rights?

Property rights refer to the legal and intellectual ownership of resources and assets.

The fundamental purpose of property rights is that they eliminate destructive competition for control of economic resources. Well-defined property rights replaced competition.

Therefore, C is the correct option.

Learn more about property rights here:

https://brainly.com/question/23031296

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