=+15. In the chapter it was stated that a private-property right also involves having the right to

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=+15. In the chapter it was stated that a private-property right also involves having the right to transfer or ex- change what you own with others. However, selling your organs is a violation of federal law, a felony pun- ishable by up to five years in prison or a $50,000 fine. In 1999 eBay intervened when a person put one of his kidneys up for sale on the auction site (the bidding reached $5.7 million before the auction was halted). Does this lack of legal ability to exchange mean that individuals do not own their own organs? Explain.

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Microeconomics Private And Public Choice

ISBN: 9780324320367

11th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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