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Question: Two Basic Divisions of Property

(a) Explain the two basic divisions of property.

(b) Martin sold his house to Cheryl. Later, when he tried to take the beautiful chandelier in the dining room, which had belonged to his grandparents, with him, Cheryl objected. What is the issue here? Legally, who is likely to win this dispute? Discuss. Acquiring Resources in a Property System.

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