Which of the following rights is included in the 'Bundle of Rights' for a landowner?

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The 'Bundle of Rights' refers to the set of legal privileges that come with property ownership. One of these fundamental rights includes the ability to monetize rights through leases. This means the owner has the authority to rent out their property or parts of it, thereby generating income. Leasing is a common practice that enhances the utility of the property, allowing the owner to benefit financially without necessarily selling the asset.

In contrast, the other options do not accurately reflect the inherent rights associated with property ownership. For instance, dictating local zoning laws is not a right held by individual landowners; zoning regulations are set by local governments and apply to broader areas for community planning purposes. Avoiding taxes on the property is not a permissible right, as property owners are legally obligated to pay taxes based on their ownership and the assessed value of the property. Similarly, claiming government land is not a right of private landowners; government property is managed for public benefit and can't be appropriated by individuals without appropriate legal processes. Thus, the ability to monetize rights through leases stands out as a legitimate aspect of the 'Bundle of Rights.'

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