Exam 24: International and Space Law

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

A foreign state is immune from the jurisdiction of a U.S. court when the state has engaged in commercial activity only outside the United States.

(True/False)
4.8/5
(80)

Sugar Company, a U.S. firm, owns property in Trinidad and Tobago. When the foreign government seizes the property, the company asks a U.S. court to order the property's return. The court rules that the Trinidad and Tobago is exempt from the court's jurisdiction. This is an application of

(Multiple Choice)
4.9/5
(71)

Wei Ltd., a Chinese firm, imports its goods into the United States and offers those goods for sale at "less than fair value." This is

(Multiple Choice)
4.9/5
(86)

When a wholly owned subsidiary is established in a foreign country, the parent company, which remains in the United States, gives up ownership, authority, and control of over all phases of the operation in the foreign country.

(True/False)
5.0/5
(80)

Countries restrict exports to protect national security, further foreign policy objectives, and conserve resources.

(True/False)
4.9/5
(85)

A body of law-formed as a result of international customs, treaties, and organizations-that governs relations among or between nations is

(Multiple Choice)
4.9/5
(63)

Opti-Med Inc., a U.S. firm, signs a contract with Pharma Ltd., a Canadian firm, to give Pharma the right to sell Opti-Med's products in Canada. This is

(Multiple Choice)
4.9/5
(74)

Mining Company, a U.S. firm, owns property in Bolivia. The government of Bolivia seizes the property for an illegal purpose without paying just compensation. This is

(Multiple Choice)
4.8/5
(73)

As part of a deal for power-generating equipment, Solar Wind Company and Thermal Gen Ltd. enter into a written contract that includes a clause providing for the arbitration of any dispute in the United States. Under the New York Convention, if a dispute arises, a court will compel arbitration if both parties are

(Multiple Choice)
5.0/5
(83)

In a case alleging that a foreign government wrongfully confiscated a domestic firm's property, the foreign government must prove the taking was an expropriation.

(True/False)
4.9/5
(66)

Under the Export Trading Company Act, U.S. banks are

(Multiple Choice)
4.9/5
(87)

Sufficient business develops in France for Graphic Comics Inc., a U.S. firm, to appoint Comics Graphique Ltd., a French firm, to act as the U.S. firm's marketing representative in France. This is

(Multiple Choice)
4.7/5
(77)

Under the principle of comity, a domestic court will not examine the validity of any act committed by a foreign government within the court's jurisdiction.

(True/False)
4.8/5
(87)

Retail Operations, Inc., a U.S. firm, obtains a judgment in a U.S. court against Shinobu, Ltd., a Japanese business. Whether the court's judgment will be enforced by a court in Japan depends on the Japanese court's application of

(Multiple Choice)
4.8/5
(84)

In direct exporting, a U.S. company sets up a specialized marketing organization in a foreign market by appointing a foreign agent.

(True/False)
4.8/5
(83)

Sovereign nations agree to be governed by International law to facilitate trade, commerce, and civilized discourse.

(True/False)
5.0/5
(70)

The U.S. government does not generally regulate private spaceports and the launch and reentry of private spacecraft.

(True/False)
4.9/5
(94)

Mexico is likely to defer and give effect to the laws and judicial decrees of the United States as long as

(Multiple Choice)
4.9/5
(80)

Regional trade agreements and associations help to minimize trade barriers among nations.

(True/False)
4.9/5
(80)

To prevent the sale of imported goods at less than fair value, an extra tariff-known as an antidumping duty-may be assessed on the imports.

(True/False)
4.9/5
(84)
Showing 21 - 40 of 72
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)