Even Though the Nation of Lambda Lost in the Arbitration

question 60

True/False

Even though the nation of Lambda lost in the arbitration of a WTO trade dispute,Lambda can ignore the result because the WTO has no enforcement power.

---

Definitions:

Competence

The ability to do something successfully or efficiently.

Confidentiality

The obligation not to share or disclose private information to unauthorized parties.

Breach

The violation or breaking of a law, duty, or agreement, which can give rise to legal action or consequences.

Client Confidentiality Rule

Legal and ethical obligation of professionals to keep information related to a client secret unless given permission to disclose.