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No, France sold the rights to the Panama Canal to the US.

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13y ago

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Which incident linked Europe to Egypt?

The sale of the Suez Canal


How did America build the Panama Canal?

The French were the first to try and build a canal across South America, starting in 1882. Before they could start work, they needed to secure a concession from the Columbian government, which controlled Panama at that time. However, their project failed, thousands of workers died (mainly from disease,) and the company went bankrupt six years later, in 1888. A Frenchman named Philippe Bunau-Varilla managed to keep the effort from collapsing entirely, and looked for another party to take up the concession. The United States, which was also interested in building a canal, negotiated to buy the concession from the French. However, Columbia refused the sale. Meanwhile, nationalism was stirring in Panama. An agreement was made with the US government that if the US would help Panama gain their independence, they would allow the canal to be built. In 1903, Panama became its own country, and the United States immediately recognized the new government. Columbia sent troops to reclaim Panama, but US warships prevented them from landing. After the United States helped Panama win its independence, a treaty was immediately negotiated to allow the US to build a canal. The treaty granted considerably more to the US then the failed agreement with Columbia had, including rights to use military within Panama and US control of the Canal Zone in perpetuity. In essence, the Canal Zone would be part of the US in all but name. However, the man who signed for the Panamanians, the Frenchman Bunau-Varilla, was not part of the official delegation from the new Panamanian government, and some Panamanians felt that the rights granted to the US in the treaty were excessive.


Is the sale of mineral rights a taxable event?

Of course.


How long after sale of land can the original owner retain mineral rights to the property?

The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.


Was the Cuban missile crisis a 1982 confrontation between the us and Iran over the secret sale of weapons to cuba?

true


When an auto is sold in a lien sale does the claimant have rights to anything more than the auto?

No. Once a lien has been enacted as a forced sale the person loses rights to the vehicle. Redemption options do not apply to vehicles.


How do you make a sentence with the word foreclosure?

The purchaser at the foreclosure sale has only the rights of an assignee


What is proceeds from the sale of rights?

Proceeds from the sale of rights refer to the revenue generated when an entity sells its rights to a particular asset, such as intellectual property, securities, or other financial instruments. This transaction allows the seller to monetize their rights, while the buyer gains the ability to utilize those rights for their own benefit. The proceeds can be used for various purposes, such as reinvestment, debt reduction, or financing new projects.


Do I have any rights to an item after I sell it?

According to the laws of most states, you have no rights to an item after you sell it. If the sale was made under duress, that can change the situation.


What are the rights of the secured creditor?

To receive the proceeds, before others, fom the sale of the secured property.


What if bank did not notify you of the sale date on the repossessed vehicle?

They do not have to notify you. You have no legal rights regarding car.


What is the best way to prevent the sale of a family farm by siblings?

Litigation. Get a lawyer and challenge the disposition rights, as well as the "intent" of the will, if any. This will tie up the sale by quite some time. Challenge the "Mineral Rights" of the land and you've got quite a delay.