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BARSIC [14]
3 years ago
7

Suppose that the government of Ping's hears of the working conditions and the country seizes the Quality Dragon plant in which P

ing works, giving just compensation to the owner, in order to allow it to be run by a local owner with better working conditions. This is:
a. expropriation.
b. confiscation.
c. sovereign immunity.
d. the result of exercising the principle of comity.
Business
1 answer:
KATRIN_1 [288]3 years ago
5 0

Answer:

The answer is: A) expropriation

Explanation:

Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

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