TRIPS is the WTO agreement that deals with trade rules that impact tariffs and embargoes
Indicate whether the statement is true or false
True
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The board of directors of Meckes Corporation, at a regular meeting of the board, entered into a contract with Peter, one of the directors. The agreement called for the sale of a retail store the corporation operated to Peter. There were 12 board members, 10 of whom were present at the meeting. Nine directors, including Peter, voted in favor of the contract and one voted against it. In view of these facts, which of the following is correct?
A. The contract between Peter and the corporation is illegal. B. If the contract is unfair to the corporation, it is voidable at the option of the corporation. C. The contract is valid because Peter's vote was not necessary for approval of the contract. D. A director cannot enter into a contract with a corporation of which he is a director.
Which type of donation needs to be invested in perpetuity?
A. liquid assets B. pure endowment C. unrestricted funds D. quasi-endowment
A PPO provides services only to those receiving Medicaid benefits
Indicate whether the statement is true or false.
If A and B are independent events with P(A ) = 0.60 and P(B ) = 0.70, then the probability that A occurs or B occurs or both occur is:
A) 1.30 B) 0.88 C) 0.42 D) 0.10