Water And Sustainablility Essay

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Essay Question One Any society that is wholly capitalistic and inclined towards the concept allows citizens and members of the society to own property in their own name. It can be owned by either individuals, bodies of individuals such as partnerships and stock companies or those formed for non-profit. Property can also owned by the state or state owned organizations and can include those controlled by individual state governments or the federal government. While it is easy to identify and define property in most instances, there are several items of property that may not be so. For example, a piece of land, a building, or an enclosed water body like a pond or lake can easily be identified as belonging to a certain individual. In the case of the above mentioned water bodies, if it exists solely within the boundaries of a property, there is no scope for confusion. But the problem occurs when it borders more than one property or the said water body is a stream or river. In both instances, it covers or runs through more than one property which may be owned by several owners. A river for instance will run through many private and public properties during its flow into an ocean or a lake. It would be worthwhile to define the basic requirements of what a property is before moving on to those that are difficult to define as in the case of water rights. McPherson argues that property has different connotations in different contexts. To the layman, a property is something tangible which could include land, buildings, and other assets. But in legal terms, property basically denotes the right to enjoy a particular property. McPherson rightly argues that property is a right and not physical possession. A person may be in possession of a house on rent or for safekeeping on behalf of a friend or a landlord, but that does not mean that the current occupant is the

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