Jasmine wants to add a second story to her house so that she can have a home theater. She is the owner of the house, so she has the right to do this. Which theme of property rights is she applying? Explain.
She is applying the right to alter the property because she is adding to the home, and she is applying the right to earn an income from the property because she can sell tickets to her theater.
She is applying the right to use the property because she is using her home as she sees fit, the right to alter the property because she is adding to it, and the right to earn income from the property because a theater is a commercial use.
She is applying the right to use property because she is using the property as she sees fit, and she is applying the right to alter the property because she is adding to the home.
She is applying the right to alter the property only. She is changing the property by adding to it, but not using it, because it is still being used as a home.