Which of the Following Cannot Be a Member of the RBA

question 7

Multiple Choice

Which of the following cannot be a member of the RBA Board?

• A) The Deputy Governor.
• B) Prominent businessmen.
• C) The Federal Treasurer.
• D) An academic economist.
• E) The secretary to the Federal Treasury.

---

Definitions:

Non-Disclosure Agreement

A legal contract between at least two parties that outlines confidential material, knowledge, or information that parties wish to share with one another for certain purposes but wish to restrict access to or by third parties.

Proprietary Recipe

A confidential formulation owned by an individual or a company, protected as a trade secret, which gives a unique identity to a product.

Specific Performance

A legal remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are inadequate compensation.

Condition Precedent

An event or condition that must occur before a party is obligated to perform under a contract.