Exam 5: The Political, Legal, and Regulatory Environments

Harley-Davidson has applied for federal protection of an unusual form of intellectual property; the "soul-pleasing rumble" produced by its motorcycles. What type of protection is Harley-Davidson seeking?

Brazil is not among the emerging market countries who have signed the New York Convention.

In many parts of the world, sales of unauthorized videos of Hollywood movies cost the movie studios billions of dollars. When illegal copies of movies are made, what form of intellectual property has been wrongly appropriated?

In Malaysia and Saudi Arabia, it is common to see that restaurants have signs declaring that all food is "Halal." It is common that courts handle marriages, divorces, distribution of family assets, and business practices by the "Sharia" law. What are these tenets and how do they have an impact on international business?

Engineers at a company in a developing country study an American computer chip design, copy it, and produce identical chips that are then sold to local computer makers. What form of intellectual property has been wrongly appropriated?

Under the Alternative Fines Act, fines imposed on individuals may not be paid by their employer or principal.

Which of the following statements is correct?

Some legal experts believe that the pressures of global competition have resulted in an increased incidence of price-fixing and collusion among companies.

Which of the following is true about revised U.S. patent laws?

The U.S. Justice Department objected to a recent patent license agreement between S.C. Johnson & Sons and Bayer AG. The antitrust unit at the Justice department objected to:

As the ruble's value fell through most of 2014, European firms began to feel the effects.

All of the following statements are true regarding services provided by Uber except:

What do value added taxes (VAT)encourage in countries such as China?

After Fidel Castro took power in Cuba in 1959, his government seized control of American property without paying compensation. Coca-Cola, DuPont, Texaco, and dozens of other American companies have filed claims against Cuba seeking financial settlements. Which of the following terms most specifically describes the action Castro took against these companies?