Question 1

The Export Trading Company Act of 1982:

Accepted Answer

A) permits combinations of U.S.firms for purposes of international competition. 
B) is part of NAFTA. 
C) is under judicial challenge by the Justice Department. 
D) is a tariff provision in the U.S. 
A) permits combinations of U.S.firms for purposes of international competition. 
B) is part of NAFTA. 
C) is under judicial challenge by the Justice Department. 
D) is a tariff provision in the U.S. A

Question 2

The act of state doctrine:

Accepted Answer

A) is not recognized by the United States. 
B) prohibits one government from interfering in the acts of state of another government. 
C) is prohibited by members of the United Nations. 
D) all of the above 
A) is not recognized by the United States. 
B) prohibits one government from interfering in the acts of state of another government. 
C) is prohibited by members of the United Nations. 
D) all of the above B

Question 3

Which of the following is $\underline{\text{not}}$ a source of international law?

Accepted Answer

A) custom 
B) private law 
C) treaties 
D) All of the above are sources of international law. 
A) custom 
B) private law 
C) treaties 
D) All of the above are sources of international law. D

Question 4

The CISG:

Accepted Answer

A) is the contract law of the EU. 
B) is part of GATT. 
C) was drafted by a commission of the United Nations. 
D) has been adopted in virtually every nation. 
A) is the contract law of the EU. 
B) is part of GATT. 
C) was drafted by a commission of the United Nations. 
D) has been adopted in virtually every nation.

Question 5

The European Union:

Accepted Answer

A) is a trademark registration organization. 
B) eliminated tariff protections for its members in 1992. 
C) is an international court of justice. 
D) none of the above 
A) is a trademark registration organization. 
B) eliminated tariff protections for its members in 1992. 
C) is an international court of justice. 
D) none of the above

Question 6

The act of state doctrine precludes outside interference in expropriation.

Accepted Answer

A) True 
 B)False

Question 7

EU and countries' antitrust laws do not apply to U.S.companies doing business in the EU.

Accepted Answer

A) True 
 B)False

Question 8

NGO officials are included as government officials for purposes of the Foreign Corrupt Practices Act .

Accepted Answer

A) True 
 B)False

Question 9

The Export Trading Company Act allows for international joint ventures that would otherwise be anticompetitive.

Accepted Answer

A) True 
 B)False

Question 10

Italian manufacturers of leather goods have agreed to charge uniform prices on all sales in the United States in order to better compete with U.S.manufacturers.Which of the following statements is true?

Accepted Answer

A) The agreement is a violation of U.S.antitrust laws, and the Italian manufacturers can be prosecuted. 
B) The manufacturers are protected under the act of state doctrine. 
C) The manufacturers enjoy sovereign immunity. 
D) The manufacturers are protected under the forum non conveniens doctrine. 
A) The agreement is a violation of U.S.antitrust laws, and the Italian manufacturers can be prosecuted. 
B) The manufacturers are protected under the act of state doctrine. 
C) The manufacturers enjoy sovereign immunity. 
D) The manufacturers are protected under the forum non conveniens doctrine.

Question 11

Which of the following is a multilateral treaty?

Accepted Answer

A) a treaty between the United States and Canada on acid rain 
B) a treaty between Mexico and the United States on border drug traffic 
C) a treaty between England, Japan, and the United States on trade with China 
D) none of the above 
A) a treaty between the United States and Canada on acid rain 
B) a treaty between Mexico and the United States on border drug traffic 
C) a treaty between England, Japan, and the United States on trade with China 
D) none of the above

Question 12

Swenson's Ice Cream is doing business in Somalia.After three successful years of operating three ice cream parlors in the country,the Somali government took over the three ice cream parlors and began operating them and keeping the money paid by customers.
-Which of the following terms applies to this action by the Somali government?

Accepted Answer

A) Sovereign immunity 
B) Expropriation 
C) Repatriation 
D) Protectionism 
A) Sovereign immunity 
B) Expropriation 
C) Repatriation 
D) Protectionism

Question 13

Which of the following countries does $\underline{\text{not}}$ base their legal systems on code law?

Accepted Answer

A) Great Britain 
B) Italy 
C) France 
D) Spain 
A) Great Britain 
B) Italy 
C) France 
D) Spain

Question 14

The _____ Doctrine confirms the independence of sovereign nations and their courts.

Accepted Answer

A) International Sovereignty 
B) Act-of-Sovereign 
C) Act-of-State 
D) Act-of-Solidarity 
A) International Sovereignty 
B) Act-of-Sovereign 
C) Act-of-State 
D) Act-of-Solidarity

Question 15

Sunoco Oil Company had long-term oil supply contracts with KW,an oil company in Kuwait.The contracts were negotiated in 1989.The contracts ran smoothly until 1990,when armed forces from Iraq took possession of the oil-producing facilities of Kuwait.The eventual result was the Persian Gulf War which began in early 1991.Sunoco's oil was not delivered for over one year.Sunoco wishes to know its damage rights against KW for the year-long interruption in its oil supply.

Accepted Answer

Sunoco probably has a force majeure clau

Question 16

GATTis the result of a multilateral treaty.

Accepted Answer

A) True 
 B)False

Question 17

The Foreign Corrupt Practices Act is not applicable in NAFTA or GATT contracts.

Accepted Answer

A) True 
 B)False

Question 18

The Justice Department does not offer any assistance to companies with questions about Foreign Corrupt Practices Act requirements.

Accepted Answer

A) True 
 B)False

Question 19

Culture,language,and time concepts have an impact on doing business in another country.

Accepted Answer

A) True 
 B)False

Question 20

Forum non conveniens:

Accepted Answer

A) is a principle of U.S.justice. 
B) is a principle of jurisdiction. 
C) can require a case to be sent out of the U.S. 
D) all of the above 
A) is a principle of U.S.justice. 
B) is a principle of jurisdiction. 
C) can require a case to be sent out of the U.S. 
D) all of the above

The Export Trading Company Act of 1982:

The act of state doctrine:

Which of the following is $\underline{\text{not}}$ a source of international law?

The CISG:

The European Union:

The act of state doctrine precludes outside interference in expropriation.

EU and countries' antitrust laws do not apply to U.S.companies doing business in the EU.

NGO officials are included as government officials for purposes of the Foreign Corrupt Practices Act .

The Export Trading Company Act allows for international joint ventures that would otherwise be anticompetitive.

Italian manufacturers of leather goods have agreed to charge uniform prices on all sales in the United States in order to better compete with U.S.manufacturers.Which of the following statements is true?

Which of the following is a multilateral treaty?

Which of the following countries does $\underline{\text{not}}$ base their legal systems on code law?

The _____ Doctrine confirms the independence of sovereign nations and their courts.

GATTis the result of a multilateral treaty.

The Foreign Corrupt Practices Act is not applicable in NAFTA or GATT contracts.

The Justice Department does not offer any assistance to companies with questions about Foreign Corrupt Practices Act requirements.

Culture,language,and time concepts have an impact on doing business in another country.

Forum non conveniens:

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

Business Crime

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Governance and Regulation: Securities Law

Management of Employee Welfare

Management: Employment Discrimination

Filters

Exam 7: International Law

The Export Trading Company Act of 1982:

The act of state doctrine:

Which of the following is not‾\underline{\text{not}}not​ a source of international law?

The CISG:

The European Union:

The act of state doctrine precludes outside interference in expropriation.

EU and countries' antitrust laws do not apply to U.S.companies doing business in the EU.

NGO officials are included as government officials for purposes of the Foreign Corrupt Practices Act .

The Export Trading Company Act allows for international joint ventures that would otherwise be anticompetitive.

Italian manufacturers of leather goods have agreed to charge uniform prices on all sales in the United States in order to better compete with U.S.manufacturers.Which of the following statements is true?

Which of the following is a multilateral treaty?

Which of the following countries does not‾\underline{\text{not}}not​ base their legal systems on code law?

The _____ Doctrine confirms the independence of sovereign nations and their courts.

GATTis the result of a multilateral treaty.

The Foreign Corrupt Practices Act is not applicable in NAFTA or GATT contracts.

The Justice Department does not offer any assistance to companies with questions about Foreign Corrupt Practices Act requirements.

Culture,language,and time concepts have an impact on doing business in another country.

Forum non conveniens:

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

Business Crime

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Governance and Regulation: Securities Law

Management of Employee Welfare

Management: Employment Discrimination

Filters

Which of the following is $\underline{\text{not}}$ a source of international law?

Which of the following countries does $\underline{\text{not}}$ base their legal systems on code law?