Flex type property8/30/2023 Davis writes, “Property consists of rights and duties of one person or group as against all other persons and groups with respect to some scarce goods”. Other sociologists say that, property refers to rights. It is regulated by the norms and customs of the society. It involves possession and ownership of things owned. Property is something that is scarce and which one owns. This right of goods and services is expressed in the value system of the society. According to Anderson and Parker, “Property consists of goods and services that society gives an individual or group of individuals the exclusive right to possess use and dispose of it”. According to some sociologists it includes goods or things owned by individual or group of individuals. The word property is used in difference senses.
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