Final answer:
The correct term for the deprivation of property without compensation related to unlawful activities is forfeiture. Forfeiture is particularly used in legal contexts as a penalty, whereas eminent domain requires just compensation when property is taken for public use.The correct option is 4).
Step-by-step explanation:
The term used for the deprivation of property without compensation, when the property is generated by or used in a manner contrary to the laws of the sovereign, is forfeiture. Unlike confiscation, forfeiture often implies that the property itself is involved in an unlawful activity or is the proceeds from such activity. It is similar to confiscation but has a distinct legal connotation, particularly in criminal law where the government takes possession of property without compensation as a legal penalty. It's important to note that eminent domain is a legal process under which the government has the authority to seize private property for public use, provided there is "just compensation." The term embezzlement refers to the fraudulent taking of personal property by someone to whom it was entrusted, typically in employment and corporate settings.