Current Voting Rights in the IFIs Have Been Adapted to Recognize

question 83

True/False

Current voting rights in the IFIs have been adapted to recognize the rising importance of the G20 states.

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Definitions:

Rafts

Platforms or structures made of buoyant materials, often wood, used for transport or as a floating base.

Main Purpose Rule

A legal principle stating that if the main purpose of a transaction is to benefit the guarantor, then a written agreement isn't necessary to enforce the guaranty.

Debt

An amount of money borrowed by one party from another, with the condition that it is to be paid back, often with interest.

Enforceable

A legal term referring to a contract or agreement that is recognized by law and can be upheld in a court of law.