Depriving a Person or Company of Private Property Without Compensation

question 61

Multiple Choice

Depriving a person or company of private property without compensation is called ________.

• A) expropriation
• B) nationalization
• C) privatization
• D) municipalization

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in the assets of a corporation, calculated as total assets minus total liabilities.

Assets

Resources owned or controlled by a business, entity, or individual, which are expected to produce value.

Liabilities

Financial obligations or debts owed by a company to creditors.

Missing Amount

A term referring to unaccounted funds or discrepancies found in financial records during a reconciliation or audit process.