Question

In: Economics

The well-recognized bases for national jurisdiction over various parties from different nation-states.

The well-recognized bases for national jurisdiction over various parties from different nation-states.

Solutions

Expert Solution

The well-recognised bases for national jurisdiction over various parties from different nation-states are-:

1)The territorial principle

It enables a sovereign state to exercise exclusive jurisdiction over individuals and other legal persons within its territory.

2)The Nationality principle

It enables to exercise sovereign jurisdiction over a nation even if the nation violates soverign law in another country

3)The objective territorial principle

Under the objective territorial jurisdiction a sovereign is recognised as having the power to adopt a criminal law that applies to crimes that take effect within its borders even if the perpetrator performs the act outside of its borders.


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