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ICVA NAVLE: Other (Law, admin, ethics, etc) Questions and Answers.
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ICVA NAVLE: Other (Law, admin, ethics, etc) Questions and Answers.
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ICVA NAVLE: Other (Law, admin, ethics,etc) Questions and Answers.
"Bark-field" is a large corporation that is buying a previously independent local feline
veterinary practice and will be gaining control of that practice. This is an example of
which of the following?
Acquisition
Buy-in
Capital gain
Buy-out
Merger -
\acquisition (This is an acquisition because one entity (Bark-field) is acquiring control of
another entity (the independent practice). Acquisitions are the most common form of
transfer of practices and may be an internal purchase (associate buy-in) or from an
external buyer. A buy-in or buy-out refers to veterinarians of the practice. A buy-in is
when an associate purchases a stake in the practice and a buy-out is when the practice
purchases back that share from the associate)
A client comes to a veterinary clinic because their pet needs radiographs taken. The
attending veterinarian orders the radiograph to be taken; a technician performs the
radiographic procedure. A radiologist then reads the radiographs and the client pays for
them. Whose property is the radiograph?
The client
The radiologist
The attending veterinarian
The technician
The practice -
\the practice (Radiographs are part of the patient's medical record and belong to the
practice where they were taken and must be kept for a specified period of time
depending on state laws.)
Which of the following bodies licenses veterinarians to prescribe a drug to a patient in
the United States?
Food and Drug Administration
State veterinary board
State veterinary medical associations
American Veterinary Medical Association
United States Department of Agriculture -
\state veterinary board
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