The government of Jonovia seizes all assets of Refresh, a world-famous, soft-drink brand in Jonovia, and offers compensation to the company.This action by the government of Jonovia is an example of ________.

Question

Quizplus · Accepted Answer

Expropriation refers to the action taken by a government to seize privately-owned assets, typically without compensation or with minimal compensation. Therefore, the government of Jonovia seizing all assets of Refresh and offering compensation is an example of expropriation.

The Government of Jonovia Seizes All Assets of Refresh, a World-Famous