What do contract rules control in the property-based legal system?

The correct answer is focused on how contract rules govern the process by which individuals and entities agree to exchange resources. In a property-based legal system, contracts are fundamental as they establish the terms of agreements that facilitate transactions, ensuring that parties understand their rights and obligations. This framework is essential for creating predictable and enforceable exchanges of property, goods, and services.

In this context, options relating to the relationship between owners or the distribution of physical goods do not capture the core function of contract rules, which is primarily concerned with the structure and legality of agreements made by parties. While the behavior of landlords and tenants is an important aspect of property law, it represents a specific application of contract principles rather than a comprehensive view of what contract rules control in the broader legal framework.