Question 1

Some of the most active pirates are from Cuba.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is covered under the FCPA's prohibitions?

Accepted Answer

A) obtaining business 
B) retaining business 
C) directing business 
D) all of the above 
A) obtaining business 
B) retaining business 
C) directing business 
D) all of the above

Question 3

The United State has,since 1989,prohibited U.S.-based companies from selling military equipment to China.This restriction is an example of:

Accepted Answer

A) a treaty trade restriction. 
B) an individual nation sanction. 
C) an illegal boycott. 
D) none of the above 
A) a treaty trade restriction. 
B) an individual nation sanction. 
C) an illegal boycott. 
D) none of the above

Question 4

Tariffs can be revenue-raising and protectionist for domestic goods.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following does the U.S.Justice Department refer to as a "red flag" for FCPA violations?

Accepted Answer

A) large consulting fees 
B) hiring consultants to do all foreign business 
C) allowing consultants to act independently in foreign countries 
D) all of the above 
A) large consulting fees 
B) hiring consultants to do all foreign business 
C) allowing consultants to act independently in foreign countries 
D) all of the above

Question 6

Foreign businesses engaging in commercial activity in the United States are not subject to U.S.antitrust laws.

Accepted Answer

A) True 
 B)False

Question 7

The Export Trading Company Act of 1982 provides an exception to U.S.antitrust laws in international markets.

Accepted Answer

A) True 
 B)False

Question 8

Sovereign immunity provides that our court system cannot be used to right injustices in other countries.

Accepted Answer

A) True 
 B)False

Question 9

PepsiCo entered into an agreement with the Indian government to provide training in farming techniques and return 40 percent of its profits from Indian operations to the government in order to obtain the right to do business in India.Describe all of the laws and principles of international law involved in this agreement.

Accepted Answer

The Indian government is engaged in expr

Question 10

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.
-Swenson's wishes to challenge the actions of the Somali government in court.Which of the following best describes Swenson's right to do so?

Accepted Answer

A) Swenson can file suit in federal district court in the United States and seek to have the confiscation issue addressed by a judge. 
B) Swenson can file suit in federal district court in Somalia and seek to have the confiscation issue addressed by a judge. 
C) Swenson is without remedy in this situation. 
D) Under the Geneva Convention, the property must be returned to Swenson. 
A) Swenson can file suit in federal district court in the United States and seek to have the confiscation issue addressed by a judge. 
B) Swenson can file suit in federal district court in Somalia and seek to have the confiscation issue addressed by a judge. 
C) Swenson is without remedy in this situation. 
D) Under the Geneva Convention, the property must be returned to Swenson.

Question 11

Rich Hasbro is a vice president for Huffy Diapers.He currently heads the African division of this international company.He has just been able to secure approval for sale of Huffy Pull-Ons in the Sudan.When the Pull-Ons arrive at the borders,a customs agent demands $5,000 before he will allow the Pull-Ons into his country.Rich tells the trucking company,"Pay him.I'll reimburse."

Accepted Answer

A) Rich has not violated the FCPA because this is a facilitation payment. 
B) Rich has not violated the FCPA because a third party made the payment. 
C) Rich has violated the FCPA. 
D) none of the above 
A) Rich has not violated the FCPA because this is a facilitation payment. 
B) Rich has not violated the FCPA because a third party made the payment. 
C) Rich has violated the FCPA. 
D) none of the above

Question 12

Most-favored-nation status is:

Accepted Answer

A) part of the GATT treaty. 
B) part of United States' trade policy only. 
C) is only part of EU governance. 
D) none of the above 
A) part of the GATT treaty. 
B) part of United States' trade policy only. 
C) is only part of EU governance. 
D) none of the above

Question 13

The OECD is resistant to the U.S.position against bribery.

Accepted Answer

A) True 
 B)False

Question 14

The U.S.system of law is based primarily on code law.

Accepted Answer

A) True 
 B)False

Question 15

The FCPA does $\underline{\text{not}}$ make which of the following acts criminal?

Accepted Answer

A) giving money to a foreign political candidate 
B) giving a gift of clothing to a foreign political official 
C) giving money as a means of preventing action from being taken 
D) giving a payment for facilitation 
A) giving money to a foreign political candidate 
B) giving a gift of clothing to a foreign political official 
C) giving money as a means of preventing action from being taken 
D) giving a payment for facilitation

Question 16

Repatriation is the limitation on removal of profits earned in a country from that country.

Accepted Answer

A) True 
 B)False

Question 17

The doctrine of forum non conveniens is used to dismiss cases brought in courts in the wrong nation.

Accepted Answer

A) True 
 B)False

Some of the most active pirates are from Cuba.

Which of the following is covered under the FCPA's prohibitions?

The United State has,since 1989,prohibited U.S.-based companies from selling military equipment to China.This restriction is an example of:

Tariffs can be revenue-raising and protectionist for domestic goods.

Which of the following does the U.S.Justice Department refer to as a "red flag" for FCPA violations?

Foreign businesses engaging in commercial activity in the United States are not subject to U.S.antitrust laws.

The Export Trading Company Act of 1982 provides an exception to U.S.antitrust laws in international markets.

Sovereign immunity provides that our court system cannot be used to right injustices in other countries.

Most-favored-nation status is:

The OECD is resistant to the U.S.position against bribery.

The U.S.system of law is based primarily on code law.

The FCPA does $\underline{\text{not}}$ make which of the following acts criminal?

Repatriation is the limitation on removal of profits earned in a country from that country.

The doctrine of forum non conveniens is used to dismiss cases brought in courts in the wrong nation.

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

Some of the most active pirates are from Cuba.

Which of the following is covered under the FCPA's prohibitions?

The United State has,since 1989,prohibited U.S.-based companies from selling military equipment to China.This restriction is an example of:

Tariffs can be revenue-raising and protectionist for domestic goods.

Which of the following does the U.S.Justice Department refer to as a "red flag" for FCPA violations?

Foreign businesses engaging in commercial activity in the United States are not subject to U.S.antitrust laws.

The Export Trading Company Act of 1982 provides an exception to U.S.antitrust laws in international markets.

Sovereign immunity provides that our court system cannot be used to right injustices in other countries.

Most-favored-nation status is:

The OECD is resistant to the U.S.position against bribery.

The U.S.system of law is based primarily on code law.

The FCPA does not‾\underline{\text{not}}not​ make which of the following acts criminal?

Repatriation is the limitation on removal of profits earned in a country from that country.

The doctrine of forum non conveniens is used to dismiss cases brought in courts in the wrong nation.

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

The FCPA does $\underline{\text{not}}$ make which of the following acts criminal?