PS3 - Explain your answers. 3. Suppose that the developer,...

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Legal Studies 145 - Law and Economics I P ROBLEM S ET #3 Consider the case of Spur Industries v. Del E. Webb Development Co . 1. What is the entitlement in Spur and who holds it? How is the entitlement protected? Contrast the allocation of entitlement (and its protection) in Spur to the situation in Boomer v. Atlantic Cement Co., Inc. 2. What would be an "efficient" resolution of the dispute between the feedlot and the developer in Spur? Would you expect the allocation of the entitlement to affect the resolution of the dispute between the feedlot and the developer?
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Unformatted text preview: Explain your answers. 3. Suppose that the developer, Del Webb, had no standing to sue the feedlot but that residents of Sun City could bring such suits. How, if at all, would your answer to question 2 change? (Is the nature of the dispute between the feedlot and the developer the same as the nature of the dispute between the feedlot and the current residents? Does the allocation of the entitlement affect the disputes in the same way?)...
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This homework help was uploaded on 04/16/2008 for the course LEGALST 145 taught by Professor Rubenfield during the Spring '08 term at University of California, Berkeley.

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