Question 1

Which of the following best describes the ability of U.S.companies to obtain discovery when they are in litigation against companies from other countries?​

Accepted Answer

A) ​They have no rights. 
B) ​The country can use its standards for scope of discovery. 
C) The country must comply with the discovery requests as long as the U.S.courts have met due process standards. 
D) The Geneva Convention controls discovery rights. 
A) ​They have no rights. 
B) ​The country can use its standards for scope of discovery. 
C) The country must comply with the discovery requests as long as the U.S.courts have met due process standards. 
D) The Geneva Convention controls discovery rights.

Question 2

The Hague Proceedings:​

Accepted Answer

A) ​allow for MFN exceptions. 
B) ​permit expropriation of profits. 
C) govern the disclosure of financial information by foreign banks. 
D) allow the U.S.to seize bank accounts in foreign countries without going to court ifmoney laundering is suspected. 
A) ​allow for MFN exceptions. 
B) ​permit expropriation of profits. 
C) govern the disclosure of financial information by foreign banks. 
D) allow the U.S.to seize bank accounts in foreign countries without going to court ifmoney laundering is suspected.

Question 3

Nike and Reebok,the number-one and number-two athletic shoe companies in the United States,could combine to do business:

Accepted Answer

A) but they would violate U.S.antitrust laws. 
B) outside the U.S.under the Export Trading Company Act. 
C) but would risk charges of monopolization. 
D) none of the above 
A) but they would violate U.S.antitrust laws. 
B) outside the U.S.under the Export Trading Company Act. 
C) but would risk charges of monopolization. 
D) none of the above

Question 4

Nationalization is a process of eminent domain.

Accepted Answer

A) True 
 B)False

Question 5

Expropriation or nationalization is protected under the act of state doctrine.

Accepted Answer

A) True 
 B)False

Question 6

The Kyoto Treaty has now been ratified by all signatory countries.

Accepted Answer

A) True 
 B)False

Question 7

Sovereign immunity protects individual nation's operations from outside interference.

Accepted Answer

A) True 
 B)False

Question 8

Under the doctrine of sovereign immunity,a country cannot be forced to answer civil or criminal charges in a U.S.court.

Accepted Answer

A) True 
 B)False

Question 9

Otis Elevator became a joint venturer with the government of South Vietnam,with a 70/30 profit split.The Vietnamese government then imposed a rule that allowed it to take 90% of all profits earned in Vietnam.Does Otis have any rights to return to the 70/30 split?

Accepted Answer

Otis has no remedy in the U.S.

Question 10

Most favored nation status means:

Accepted Answer

A) there are no import or export tariffs. 
B) the country can engage in software importation with no intellectual property protections in place. 
C) the country is a party to the NAFTA treaty. 
D) there are no human rights issues in the country. 
E) none of the above 
A) there are no import or export tariffs. 
B) the country can engage in software importation with no intellectual property protections in place. 
C) the country is a party to the NAFTA treaty. 
D) there are no human rights issues in the country. 
E) none of the above

Question 11

The government of Argentina has taken over all the country's banks.No compensation has been paid.Some U.S.citizens and businesses had accounts in the banks.Absent treaty provisions the takeover:

Accepted Answer

A) can be set aside by a U.S.federal court because no compensation was paid. 
B) can be partially set aside by a U.S.federal court on the accounts of U.S.citizens and businesses. 
C) can be reviewed by the U.S.State Department. 
D) is immune from review under the act of state doctrine. 
A) can be set aside by a U.S.federal court because no compensation was paid. 
B) can be partially set aside by a U.S.federal court on the accounts of U.S.citizens and businesses. 
C) can be reviewed by the U.S.State Department. 
D) is immune from review under the act of state doctrine.

Question 12

A U.S.luxury liner was attacked by an Iraqi ship in the Persian Gulf.Many passengers were injured and the ship was damaged.The owner of the ship brought suit in federal district court against the government of Iraq.The suit will:

Accepted Answer

A) be heard because the attack was a violation of international law. 
B) be heard because the attack harmed U.S.citizens. 
C) not be heard under the doctrine of sovereign immunity. 
D) be heard but only in the International Court of Justice. 
A) be heard because the attack was a violation of international law. 
B) be heard because the attack harmed U.S.citizens. 
C) not be heard under the doctrine of sovereign immunity. 
D) be heard but only in the International Court of Justice.

Question 13

Why are pirates so difficult to prosecute?

Accepted Answer

Beyond catching the pirates and proving

Question 14

Which of the following would be a violation of the Foreign Corrupt Practices Act?

Accepted Answer

A) A payment to a foreign government official to have a license application accelerated. 
B) A payment to a member of the International Olympic Committee in order to obtain his or her vote on an Olympic site. 
C) A payment to an official of a government-owned telecommunications company in order to speed up installation of phones in a business office. 
D) A payment to a customs official in order to allow the unloading of goods from a ship. 
E) All of the above are violations of the Foreign Corrupt Practices Act. 
A) A payment to a foreign government official to have a license application accelerated. 
B) A payment to a member of the International Olympic Committee in order to obtain his or her vote on an Olympic site. 
C) A payment to an official of a government-owned telecommunications company in order to speed up installation of phones in a business office. 
D) A payment to a customs official in order to allow the unloading of goods from a ship. 
E) All of the above are violations of the Foreign Corrupt Practices Act.

Question 15

What is the effect of trade sanctions?

Accepted Answer

A) businesses are prohibited from dealing with certain countries 
B) businesses are prohibited from selling certain items in countries subject to the sanctions 
C) there is no effect; they are strictly voluntary 
D) either a or b 
E) none of the above 
A) businesses are prohibited from dealing with certain countries 
B) businesses are prohibited from selling certain items in countries subject to the sanctions 
C) there is no effect; they are strictly voluntary 
D) either a or b 
E) none of the above

Question 16

Which of the following are included as categories to whom payments are prohibited to influence results or outcome under the Foreign Corrupt Practices Act?

Accepted Answer

A) government officials 
B) judicial figures 
C) government administrative hearing officers 
D) head of the United Nation's International Labor Organization 
E) All of the above are included. 
A) government officials 
B) judicial figures 
C) government administrative hearing officers 
D) head of the United Nation's International Labor Organization 
E) All of the above are included.

Question 17

Jack Zettler,a resident of Germany,works as an agent for Samson Enterprises,a U.S.company.Jack's job is to help negotiate steel rail contracts for Samson with the German government.Jack often takes German Department of Transportation officials out for beer or coffee to discuss Samson and its products.Which of the following statements is correct?

Accepted Answer

A) Jack has violated the FCPA by offering government officials something of value. 
B) Jack may have violated German law, but Samson is not subject to the FCPA provisions when doing business in Germany. 
C) Neither Jack nor Samson has violated the FCPA. 
D) Only U.S.employees working in other countries can violate the FCPA. 
A) Jack has violated the FCPA by offering government officials something of value. 
B) Jack may have violated German law, but Samson is not subject to the FCPA provisions when doing business in Germany. 
C) Neither Jack nor Samson has violated the FCPA. 
D) Only U.S.employees working in other countries can violate the FCPA.

Question 18

Expropriation is prohibited in countries that are members of the United Nations.

Accepted Answer

A) True 
 B)False

Question 19

Under the doctrine of sovereign immunity,commercial transactions cannot be regulated.

Accepted Answer

A) True 
 B)False

Question 20

The WTO is the body charged with OECD enforcement.

Accepted Answer

A) True 
 B)False

Which of the following best describes the ability of U.S.companies to obtain discovery when they are in litigation against companies from other countries?

The Hague Proceedings:

Nike and Reebok,the number-one and number-two athletic shoe companies in the United States,could combine to do business:

Nationalization is a process of eminent domain.

Expropriation or nationalization is protected under the act of state doctrine.

The Kyoto Treaty has now been ratified by all signatory countries.

Sovereign immunity protects individual nation's operations from outside interference.

Under the doctrine of sovereign immunity,a country cannot be forced to answer civil or criminal charges in a U.S.court.

Otis Elevator became a joint venturer with the government of South Vietnam,with a 70/30 profit split.The Vietnamese government then imposed a rule that allowed it to take 90% of all profits earned in Vietnam.Does Otis have any rights to return to the 70/30 split?

Most favored nation status means:

The government of Argentina has taken over all the country's banks.No compensation has been paid.Some U.S.citizens and businesses had accounts in the banks.Absent treaty provisions the takeover:

A U.S.luxury liner was attacked by an Iraqi ship in the Persian Gulf.Many passengers were injured and the ship was damaged.The owner of the ship brought suit in federal district court against the government of Iraq.The suit will:

Why are pirates so difficult to prosecute?

Which of the following would be a violation of the Foreign Corrupt Practices Act?

What is the effect of trade sanctions?

Which of the following are included as categories to whom payments are prohibited to influence results or outcome under the Foreign Corrupt Practices Act?

Expropriation is prohibited in countries that are members of the United Nations.

Under the doctrine of sovereign immunity,commercial transactions cannot be regulated.

The WTO is the body charged with OECD enforcement.

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

Which of the following best describes the ability of U.S.companies to obtain discovery when they are in litigation against companies from other countries?​

The Hague Proceedings:​

Nike and Reebok,the number-one and number-two athletic shoe companies in the United States,could combine to do business:

Nationalization is a process of eminent domain.

Expropriation or nationalization is protected under the act of state doctrine.

The Kyoto Treaty has now been ratified by all signatory countries.

Sovereign immunity protects individual nation's operations from outside interference.

Under the doctrine of sovereign immunity,a country cannot be forced to answer civil or criminal charges in a U.S.court.

Otis Elevator became a joint venturer with the government of South Vietnam,with a 70/30 profit split.The Vietnamese government then imposed a rule that allowed it to take 90% of all profits earned in Vietnam.Does Otis have any rights to return to the 70/30 split?

Most favored nation status means:

The government of Argentina has taken over all the country's banks.No compensation has been paid.Some U.S.citizens and businesses had accounts in the banks.Absent treaty provisions the takeover:

A U.S.luxury liner was attacked by an Iraqi ship in the Persian Gulf.Many passengers were injured and the ship was damaged.The owner of the ship brought suit in federal district court against the government of Iraq.The suit will:

Why are pirates so difficult to prosecute?

Which of the following would be a violation of the Foreign Corrupt Practices Act?

What is the effect of trade sanctions?

Which of the following are included as categories to whom payments are prohibited to influence results or outcome under the Foreign Corrupt Practices Act?

Expropriation is prohibited in countries that are members of the United Nations.

Under the doctrine of sovereign immunity,commercial transactions cannot be regulated.

The WTO is the body charged with OECD enforcement.

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 best describes the ability of U.S.companies to obtain discovery when they are in litigation against companies from other countries?

The Hague Proceedings: