The importance of the arrangement of property rights comes from incomplete contracts in reality.

企业是一系列合同的契约网络，产权安排的重要性来自于现实世界中的不完全合同。

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The promotion of law for circular economy must start from the arrangement of property system and technology innovation system.

法律对循环经济的推动必须从产权制度与技术创新制度的安排入手。

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An enterprise is the nexus of a series of contracts. The importance of the arrangement of property rights comes from incomplete contracts in reality.

企业是一系列合同的契约网络，产权安排的重要性来自于现实世界中的不完全合同。

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As Adam says, this kind of complex property arrangement is essential to making sure that all homeowners in the area have access to essential utility services.

FORBES: Adam Thierer, Infrastructure Socialist

Gale argued that in a typical license arrangement, there is an understanding that the property will be returned to the grantor of the license subject to normal wear and tear.

FORBES: Patel v. Commissioner: Gift of a Partial Interest