Expropriation refers to the action of a host-country government taking private property, often without consent, for political or economic reasons. It can also be referred to as nationalization.

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Expropriation

Question 56

Multiple Choice

Expropriation .

A) is granting permits to a licensee of a trademark to market the licensor's goods or services in a particular nation
B) is the taking of private property by a host-country government for either political or economic reasons
C) is a contractual agreement by which a company makes its trade secrets, trademarks, patents, or copyrights available to a foreign individual or company
D) is the ownership and use of private property for profit, which is in violation of socialist law

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