Which Multinational Organization Is Dedicated to Providing Financial and Technical

question 109

Multiple Choice

Which multinational organization is dedicated to providing financial and technical assistance to developing countries?

• A) The World Bank
• B) The Abdul Latif Jameel Poverty Action Lab
• C) The Peace Corps
• D) The Monterey Conference on Financing for Development

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Definitions:

Nominal Performance

A minimal or token action that barely meets the terms of a contract, often used to avoid breaching the agreement.

Substitution

In law or economics, the act of replacing one party or element of a contract with another.

Rescission

The act of canceling or annulling a contract, returning the parties involved to their positions prior to the agreement.

Nominal Damages

Monetary damages awarded to a plaintiff in a very small amount, typically $1 to $5, to signify that the plaintiff has been wronged by the defendant even though the plaintiff suffered no compensable harm.