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Which of the Following Is an Incorrect Statement Regarding TRIPS

question 20

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Which of the following is an incorrect statement regarding TRIPS?


Definitions:

Arbitrator

An independent individual or panel appointed to settle a dispute outside the court system, whose decision is usually binding.

Legally Binding

Agreements or contracts that are enforceable by law, meaning parties must adhere to the agreed terms.

Labor Dispute

A conflict between employees and their employer regarding work conditions or terms of employment.

Fair Labor Standards Act

A United States federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for employees in the private sector and in Federal, State, and local governments.

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