Asked by jayla houser on May 27, 2024
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Expropriation is the privilege of a political entity that has sovereignty.
Expropriation
The act of a government seizing privately owned property, often without fair compensation, for public use or in the interest of the public.
Political Entity
Refers to any organization that holds a set of political powers and responsibilities, such as a nation, state, or government.
Sovereignty
The supreme authority within a territory, allowing it to govern itself or make decisions independently.
- Comprehend the principle of expropriation and its effects on international business entities.
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Learning Objectives
- Comprehend the principle of expropriation and its effects on international business entities.
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