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So insignificant, and complaints to it of the invalid if them it is possible to name complaints
... Were so frivolous that... Actions of the respondent should not generate
Any consequences neither in the law, nor in the property "(11 Ch. D. 8it3). Others
Words, the confectioner was not a source of infringement of rest and usages, while the doctor not
Has built a reception.] so the owner of cottages and a court yard had to open
The well and to "enjoy" a smell.
The reasonings used by courts at an establishment of legitimate rights, seem often
Strange to economists, as many factors against which the decision leans,
For the economist have no value. To That the situations identical from a point
Sight of the economist, by courts will be considered absolutely variously. In all
Cases of generation of harmful consequences an economic problem - as
To maximise value of manufacture. In a case Bass against Greg fresh
Air passed through a well to promote beer manufacture, and
Dirty air left a well and did a life in the next houses less
The pleasant. An economic problem was to choose: smaller costs on beer and
Nastier living conditions in surrounding houses or the big costs on beer
And the improved living conditions. At the answer to this question "the doctrine of the lost
Gift "approximately as it is pertinent, as colour of eyes at the judge. But it is necessary to remember that
The direct question before court was not who and that should do, and who
Has the legitimate right and on what. By means of market transaction always probably
To change primary legal differentiation of the rights. And, of course, if the such
Transaction are made without costs, such redistribution of the rights will be
To occur always if it opens a way to growth of value of manufacture.
VI. The Account of costs of market transaction
TILL NOW we moved ahead, leaning against the assumption (obvious in sections
III and IV, implicit in section V) that market transaction are carried out without
Costs. It, of course, very unrealistic assumption. For realisation
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