The seizing of a company's assets without payment is called
A) confiscation.
B) expropriation.
C) domestication.
D) exchange controls.
E) local-content laws.

Question

Quizplus · Accepted Answer

Confiscation refers to the act of a government taking possession of property or assets without providing compensation to the owner. This is often done for political or punitive reasons.

The Seizing of a Company's Assets Without Payment Is Called