Explain the modes of acquiring territory, Business Law and Ethics

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Explain the modes of  acquiring territory

There are certain modes of  acquiring territory. Before 1948, there were a  lot  of  territories available and mostly areas were unknown and undefined, making it easier for one state to acquire another state. After 1948 and especially with the adoption of the United Nations Charter, the modes of attaining and acquiring possession of any piece of land have been made limited. The main modes of acquisition are categorized as follows:

1.   Occupation

2.   Accession

3.   Adjudication

4.   Accretion and

5.   Prescription


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