Global Project, a U.S. firm, owns property in Hong Kong. The government of China seizes the property. The firm claims that this is confiscation . The government claims that it is expropriation . The difference concerns

Question

Quizplus · Accepted Answer

The difference between confiscation and expropriation primarily lies in the purpose of the seizure and whether compensation is paid. Confiscation typically occurs without compensation for the purpose of punishment, while expropriation involves taking property for a public purpose with the payment of compensation.