Scholars of jurisprudence define ownership as a “bundle of rights” that an individual has to a thing. According to A. M. Honoré, that bundle includes “the right to possess, the right to use,” the right to be secure in one’s property, “the right to manage (which involves ‘the right to decide how and by whom the thing owned shall be used’), the right to the income of a thing (which includes the ‘fruits, rents, and profits’) . . . the right to alienate the thing . . . during life or on death, by way of sale, mortgage, gift or other mode . . . and the liberty to consume, waste or destroy the whole
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