Examlex
Which of the following is an incorrect statement regarding TRIPS?
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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