Thailand's import restrictions on cigarettes:
A) were justified under GATT article XI as protection of domestic agriculture
B) were justified in the interest of public health.
C) were not justified under GATT article XI as protection of domestic agriculture.
D) were not justified because they violated the principle of free trade.
C
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Morgan wanted to obtain a 60-day option so that he could purchase a parcel of real property for $18,000. However, he wanted to pay only $1 for it. If this option were drawn and duly signed by the parties, it would be:
A: Invalid because of the 60-day length of time; B: Invalid because $1 is not adequate consideration; C: Valid if the $1 was actually delivered; D: Valid even if the $1 that was referred to was not actually received by the owner.
Outline, with a brief description, the different types of bonds
What will be an ideal response?