Deck 10: Economic Freedom and Property Rights
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Deck 10: Economic Freedom and Property Rights
1
The Fifth Amendment provision that private property should not be taken for public use without just compensation is known as
A)eminent domain.
B)the Due Process Clause.
C)the Takings Clause.
D)None of the above.
A)eminent domain.
B)the Due Process Clause.
C)the Takings Clause.
D)None of the above.
C
2
The power of eminent domain exists only when the government takes property for a public use.
True
3
Since 1937, the Supreme Court has not struck down any state or federal economic regulation.
True
4
The Takings Clause applies to property taken by the government through forfeiture laws.
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5
A physical taking often occurs through a condemnation proceeding instituted by the government.
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6
The power of eminent domain is found in the Constitution.
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7
The Takings Clause is expressly found
A)in Article V of the Constitution.
B)in the Fifth Amendment to the Constitution.
C)in the Fourteenth Amendment to the Constitution.
D)in both b and c.
A)in Article V of the Constitution.
B)in the Fifth Amendment to the Constitution.
C)in the Fourteenth Amendment to the Constitution.
D)in both b and c.
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8
Which of the following laws was held unconstitutional because it violated the Due Process Clause?
A)laws setting maximum rates businesses can charge
B)consumer protection laws restricting business practices such as price fixing and fraudulent advertising
C)laws requiring licensing for certain trades and professions
D)laws limiting overtime whern neither women nor children were involved
A)laws setting maximum rates businesses can charge
B)consumer protection laws restricting business practices such as price fixing and fraudulent advertising
C)laws requiring licensing for certain trades and professions
D)laws limiting overtime whern neither women nor children were involved
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9
The term public use in relationship to eminent domain includes such uses as
A)roads.
B)public parks.
C)historical landmarks.
D)All of the above.
A)roads.
B)public parks.
C)historical landmarks.
D)All of the above.
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10
The power of eminent domain
A)is extended to the federal government in the Constitution.
B)is extended to state government in the Constitution.
C)is an inherent power of federal and state governments and not found expressly in the Constitution.
D)Both a and b.
A)is extended to the federal government in the Constitution.
B)is extended to state government in the Constitution.
C)is an inherent power of federal and state governments and not found expressly in the Constitution.
D)Both a and b.
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11
Just compensation is generally determined by the fair market value of the property taken.
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12
Case law that affects or impairs the obligation of contracts is generally held to not violate the Contract Clause because the Supreme Court has generally interpreted the word "law" as legislative law.
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13
The government has the right to take property because of the
A)power of eminent domain.
B)the Due Process Clause.
C)the concept of economic liberty.
D)the Takings Clause.
A)power of eminent domain.
B)the Due Process Clause.
C)the concept of economic liberty.
D)the Takings Clause.
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14
The obligation of a contract under the Constitution means
A)duty of the parties to perform.
B)the terms of the agreement.
C)the rights of the parties under the contract.
D)None of the above.
A)duty of the parties to perform.
B)the terms of the agreement.
C)the rights of the parties under the contract.
D)None of the above.
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15
The Takings Clause applies to both real and personal property.
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16
In which of the following cases did the Supreme Court find that there was a taking for which the property owner was entitled to compensation?
A)a new zoning law that totally prohibited a property owner from building a house
B)a 32-month building moratorium on lakefront property
C)a city ordinance that placed restrictions on the development of individual historic landmarks, resulting in petitioner's inability to build offices and causing several million dollars in damages
D)Both a and c
A)a new zoning law that totally prohibited a property owner from building a house
B)a 32-month building moratorium on lakefront property
C)a city ordinance that placed restrictions on the development of individual historic landmarks, resulting in petitioner's inability to build offices and causing several million dollars in damages
D)Both a and c
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17
Whenever any government regulation results in a decrease in property value, the owner of the property must be compensated by the government.
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18
Which of the following was not considered "property" for purposes of the Takings Clause?
A)trade secrets
B)a football team
C)interest on an attorney's trust account
D)None of the above; they were all considered property by a court.
A)trade secrets
B)a football team
C)interest on an attorney's trust account
D)None of the above; they were all considered property by a court.
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19
The Supreme Court's expanded recognition of the right of government to enact laws related to economic liberties was a result of
A)World War II.
B)the Great Depression.
C)World War I.
D)the selection of a new chief justice.
A)World War II.
B)the Great Depression.
C)World War I.
D)the selection of a new chief justice.
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20
The power of eminent domain can be exercised only when the property to be taken is in poor repair.
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