Question

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 ________.

A. repatriation
B. privatization
C. expropriation
D. private action

Answer 1

The government of Jonovia seizing assets of Refresh and offering compensation is an example of expropriation.

Step-by-step explanation:

The action by the government of Jonovia to seize all assets of Refresh, a world-famous soft-drink brand, and offer compensation to the company is an example of expropriation. Expropriation is when a government takes control of private assets, typically without the consent of the owner and with or without compensation. In this case, the government of Jonovia has taken ownership of Refresh and is compensating the company for the seized assets.