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The title to an automobile or the deed to a cattle ranch assures a buyer that the seller is the legitimate owner of that property. This is an example of property rights _________.

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ayokenny2001

The above is an example of property rights facilitating exchange.

What is property right?

This refers to the legal right to own a property whether or not they are tangible or intangible.

Property rights enables one to do the following:

  1. A person has the authority to own a property.
  2. The property can be used within the law as he deemed fit.
  3. Receive any income that the property generates.

Hence, the above is an example of property rights facilitating exchange.

Learn more about property rights here: https://brainly.com/question/913138

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