Correct Answer: Income arising out of property left by people without a legal heir
Subject: economics
Explanation: • <b>Key Fact</b> Escheat is the income of the Government arising from property left by people without a legal heir. • <b>Supporting Detail</b> It is categorized under the government's non-tax revenue. • <b>Related Concept</b> Lien refers to a legal claim against assets held as collateral. • <b>Why wrong options are wrong</b> Moot means debatable, and Felony is a serious crime; neither relates to government income. • <b>Exam Trick</b> Escheat = Property left without an heir, government takes the property. • <b>Additional Info</b> Other non-tax revenues include fines, fees, dividends, and interest receipts.
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