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NEW QUESTION 36
Under the World Bank Principles for Effective Insolvency and Credit/Debtor Regimes (World Bank Principles), which of the following parties should administer the debtor's estate in liquidation bankruptcy proceedings?

  • A. The creditor with the largest claim against the debtor
  • B. The debtor, supervised by an independent insolvency representative
  • C. The jurisdiction's commerce department or equivalent agency
  • D. An independent insolvency representative

Answer: D

 

NEW QUESTION 37
The Organisation for Economic Co-operation and Developments (OECD) Recommendation on Combating Bribery m International Business (Recommendation) urges member states to combat the bribery of foreign public officials by taking steps to improve which of the following primary areas within their respective infrastructures?

  • A. Public health and safety regulations
  • B. Laws and regulations related to public subsidies licenses, and contract procurement
  • C. Consumer data protection laws
  • D. Laws and regulations covering e-commerce

Answer: B

 

NEW QUESTION 38
In most countries employers must provide notice to their employees before they implement an employee monitoring program

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 39
Which of the following statements concerning judgments involving parties in multiple jurisdictions is MOST ACCURATE?

  • A. If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment in any jurisdiction
  • B. Whether a foreign judgment is enforceable always depends on where the defendant's assets are located
  • C. If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment wherever the defendant resides
  • D. Whether a foreign judgment is enforceable might depend on whether the two jurisdiction have an enforcement treaty

Answer: D

 

NEW QUESTION 40
......

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