Which Bank Was Established in 1990 to Encourage Reconstruction and Development

question 139

Multiple Choice

Which bank was established in 1990 to encourage reconstruction and development in the eastern and central European countries?

• A) The Ex-Im Bank
• B) The Bank of America
• C) The European Bank for Reconstruction and Development
• D) The Inter-American Development Bank
• E) The International Monetary Fund

Distinguish between employees and independent contractors based on legal definitions and criteria.

Recognize fair use exceptions in the context of copyrighted materials.

Understand the legal time frames associated with provisional patents and their development into working prototypes.

Recognize the pros and cons of hiring independent contractors versus employees.

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Definitions:

English Rule

A legal principle where the losing party in a lawsuit is required to pay the winning party's legal costs.

American Rule

A legal principle stating that each party in a lawsuit typically pays their own attorney's fees, regardless of who wins.

First-Assignment-In-Time Rule

A principle stating that, in case of a conflict, the rights to a property or asset are granted to the first party to receive assignment or claim to it.

Third-Party Beneficiary

A person or group that benefits from a contract made between two other parties, despite not being a direct party to the contract.