EBK THE LEGAL ENVIRONMENT OF BUSINESS:
10th Edition
ISBN: 9781337516051
Author: Miller
Publisher: YUZU
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Chapter 26, Problem 4CT
Summary Introduction
Case summary: The government takes private property by eminent domain for public use. The government may take the property and convey the land to create jobs and increase tax revenues. The power of eminent domain is to boost economic development. States have the right to prohibit takings by the government.
To find: The point at which the predicted benefits of a new private commercial endeavor outweigh the constitutional requirement of taking only for public use.
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EBK THE LEGAL ENVIRONMENT OF BUSINESS:
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