If a country exerts nationalization over a company's assets provides compensation,__________ has occurred.

Question

Quizplus · Accepted Answer

Expropriation occurs when a government seizes private property for public use, typically with compensation. In the given scenario, the government is exerting nationalization over a company's assets, which would fall under expropriation as compensation is being provided. Privatization refers to the transfer of ownership and control of a state-owned enterprise to private ownership. Extraterritoriality refers to the exemption of a foreign company or individual from the laws or jurisdiction of the host country. Confiscation is the taking of private property without compensation.

If a Country Exerts Nationalization Over a Company's Assets Provides