Extradition and Fire sale: Difference between pages

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''Law - international law - jurisdiction - criminal law''.
1.


Extradition is when one state legally surrenders an individual to another state's authorities.
A sale of assets at unusually low prices, resulting from the seller being in desperate need of the sale proceeds, for example when facing insolvency.


The individual has been accused - or convicted - of an offence under the laws of the state to which they are being extradited.
Also known as a 'forced sale'.




One state's government makes a formal demand - or request - for extradition from the other.
2.


Extradition generally requires an extradition ''treaty'' to be in place between the two states.
Originally, a sale of goods when the goods or retail premises had been damaged by fire.




== See also ==
== See also ==
* [[Blocking Regulation]]
* [[Insolvency]]
* [[Bribery Act]]
* [[Market value]]
* [[Contract]]
* [[Criminal law]]
* [[Extraterritorial]]
* [[Extraterritorial jurisdiction]]
* [[Governing law]]
* [[International law]]
* [[Jurisdiction]]
* [[Law]]
* [[Private international law]]
* [[Proper law]]
* [[Regime]]
* [[Resident]]
* [[State]]
* [[Treaty]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 17:05, 11 November 2016

1.

A sale of assets at unusually low prices, resulting from the seller being in desperate need of the sale proceeds, for example when facing insolvency.

Also known as a 'forced sale'.


2.

Originally, a sale of goods when the goods or retail premises had been damaged by fire.


See also