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1) Inventions and trademarks are types of artistic property.
2) A charter is a document outlining the principles, functions, and organization of a
juridical entity.
3) The requirement for a person to exhaust remedies cannot be waived by treaties.
4) The rights and benefits accruing to the company belong to the company, not to its
owners.
5) The Agreement on Implementation of Article VII of GATT 1994 is designed to
harmonize the methods used by WTO member states to determine the value of goods
for customs purposes.
6) The Administrative Tribunal of the ILO does not have the power to order an IGO to
undertake an action it has not begun on its own.
7) According to the fictitious payee rule, when the instrument is issued in the name of a
fictitious payee, the person purporting to be that payee can make an effective
endorsement.
8) Article 8 of the CISG establishes rules for interpreting the statements and conduct of
the parties.
9) The Universal Declaration of Human Rights is a leading treaty among several
nations, which deals with labor issues.
10) A debt security represents an ownership interest in a business.
11) Suspension of performance is a remedy exclusively available to the seller.
12) One of the major reform measures of the Basel III is to improve risk management
and governance of the banking system.
13) Exempt securities typically include those issued by governmental bodies, by banks,
and by not-for-profit corporations.
14) A bill of lading is an instrument issued by an ocean carrier to a shipper with whom
the carrier has entered into a contract for the carriage of goods.
15) The OPICs coverage for currency inconvertibility only insures an existing legal
right to convert.
