the 5th amendment says a person cannot be"...deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.". When it says "property," can it be interpreted as dealing with businesses/corporations/money/etc (anything that has to do w/ the economy)?
2007-11-28 18:02:47 · 3 answers · asked by cris 2 in Politics & Government ➔ Law & Ethics
Oh yes! Property can be defined as anything considered "yours". You cannot be deprived from having things as long as they are legal items/businesses/money. Wouldn't it just be silly for someone to be able to take your business/corp./money without compensating you?? If you can have ownership of anything it is considered property.
2007-11-28 18:08:10 · answer #1 · answered by Lisa C 2 · 1⤊ 0⤋
It can be interpreted even more broadly than that.
For example, the Supreme Court has ruled that people with business licenses have a "property interest" in their license, so a licensing board cannot revoke their license without due process. They've also ruled that things like welfare entitlements are governed by the fifth, as well.
Richard
2007-11-29 02:09:24 · answer #2 · answered by rickinnocal 7 · 1⤊ 0⤋
You can pretty much own anything except people. The government may take your property for money owed to them. Actually the government may take your life and liberty too. No exceptions. Yes. In answer to your question it deals with all of that. Everything you wrote can be owned. Unless you sell it to someone you trust, they can take it!
2007-11-29 02:10:43 · answer #3 · answered by Banjo and Sullivan 6 · 1⤊ 0⤋