Question 1

What are bases of international legal disputes? Describe the situations and the authority that addresses the issues.

Accepted Answer

Legal disputes can arise in three situations: between governments, between a company and a government, and between two companies. The World Court can adjudicate disputes between governments, whereas the other two situations must be handled in the courts of the country of one of the parties involved or through arbitration. Unless a commercial dispute involves a national issue between nation states, the International Court of Justice or any similar world court does not handle it.

Question 2

One of the deterrents to litigation with respect to disputes in the international business arena is the fear of creating a poor image and damaging public relations.

Accepted Answer

A) True 
 B)False  True

Question 3

Another term for code law is:

Accepted Answer

A)  business law. 
B)  common law. 
C)  religious law. 
D)  civil law. 
E)  universal law. 
A)  business law. 
B)  common law. 
C)  religious law. 
D)  civil law. 
E)  universal law. D

Question 4

Briefly describe the modus operandi of cybersquatters.

Accepted Answer

Cybersquatters (CSQs) buy and register d

Question 5

One counterfeiting problem for international marketers is:

Accepted Answer

A)  the ease with which consumers can tell the difference between real and counterfeit products. 
B)  the theft of products by pirates during shipping. 
C)  government regulations legitimizing counterfeiting. 
D)  collusion between contract manufacturers and illegitimate sellers. 
E)  the worldwide availability of duplication software. 
A)  the ease with which consumers can tell the difference between real and counterfeit products. 
B)  the theft of products by pirates during shipping. 
C)  government regulations legitimizing counterfeiting. 
D)  collusion between contract manufacturers and illegitimate sellers. 
E)  the worldwide availability of duplication software.

Question 6

In many code-law countries, ownership of intellectual property rights is established by registration rather than by prior use--the first to register a trademark or other property right is considered to be the rightful owner.

Accepted Answer

A) True 
 B)False

Question 7

Describe how countries are facing the threat of environmental issues through green marketing legislation.

Accepted Answer

Multinational corporations also face a g

Question 8

The General Agreement on Trade and Tariffs, a major provision of the World Trade Organization, is the most comprehensive multilateral agreement on intellectual property to date.

Accepted Answer

A) True 
 B)False

Question 9

A famous case occurred in Japan where a Japanese business registered McDonald's world famous trademark before McDonald's did and was given permission to use the trademark. McDonald's eventually got the trademark back after a lengthy court battle and a monetary award to the Japanese company. McDonald's learned that trademarks registered in the United States:

Accepted Answer

A)  must be ratified by the United Nations trademark protection agency. 
B)  are worthless. 
C)  are protected in the European Union under the Geneva Convention but not in Japan. 
D)  need to be registered with the World Court. 
E)  are not protected in other countries. 
A)  must be ratified by the United Nations trademark protection agency. 
B)  are worthless. 
C)  are protected in the European Union under the Geneva Convention but not in Japan. 
D)  need to be registered with the World Court. 
E)  are not protected in other countries.

Question 10

The World Court can adjudicate disputes between which of the following?

Accepted Answer

A)  Disputes between governments 
B)  Disputes between a company and a government 
C)  Disputes between two companies 
D)  Disputes between a private citizen and a government 
E)  Disputes between trade bodies of various countries 
A)  Disputes between governments 
B)  Disputes between a company and a government 
C)  Disputes between two companies 
D)  Disputes between a private citizen and a government 
E)  Disputes between trade bodies of various countries

Question 11

Compare the differences between "prior use" and "registration" ownership with an example.

Accepted Answer

In the United States, a common-law count

Question 12

In Marxist-socialist societies, law is subordinate to prevailing economic conditions.

Accepted Answer

A) True 
 B)False

Question 13

_____ is considered complete as a result of catchall provisions found in most of this type of law's system.

Accepted Answer

A)  Common law 
B)  Code law 
C)  Islamic law 
D)  Marxist-socialist tenets 
E)  Legal tradition 
A)  Common law 
B)  Code law 
C)  Islamic law 
D)  Marxist-socialist tenets 
E)  Legal tradition

Question 14

The first step that most arbitrators try to resolve a dispute between two parties is to attempt:

Accepted Answer

A)  coercion. 
B)  informal settlement. 
C)  fault finding or wrong doing. 
D)  litigation. 
E)  conciliation. 
A)  coercion. 
B)  informal settlement. 
C)  fault finding or wrong doing. 
D)  litigation. 
E)  conciliation.

Question 15

Another term for conciliation is mediation.

Accepted Answer

A) True 
 B)False

Question 16

Most disputes that arise in commercial transactions are settled informally.

Accepted Answer

A) True 
 B)False

Question 17

Apart from intellectual property laws, another illustration of how fundamental differences in the common and code systems can cause difficulty is:

Accepted Answer

A)  civil laws. 
B)  laws governing export and import. 
C)  heredity laws. 
D)  criminal laws. 
E)  in the performance of a contract. 
A)  civil laws. 
B)  laws governing export and import. 
C)  heredity laws. 
D)  criminal laws. 
E)  in the performance of a contract.

Question 18

Which of the following is NOT one of the areas of antitrust enforcement in the European Union and elsewhere?

Accepted Answer

A)  Full-line forcing 
B)  Price discrimination 
C)  Supply restrictions 
D)  Competitiveness councils 
E)  Antimonopoly 
A)  Full-line forcing 
B)  Price discrimination 
C)  Supply restrictions 
D)  Competitiveness councils 
E)  Antimonopoly

Question 19

The _____ of the United States makes it illegal for companies to pay bribes to foreign officials, candidates, or political parties.

Accepted Answer

A)  Constitution 
B)  Bill of Rights 
C)  Foreign Corrupt Practices Act 
D)  Best Practices Act 
E)  International Codes of Law 
A)  Constitution 
B)  Bill of Rights 
C)  Foreign Corrupt Practices Act 
D)  Best Practices Act 
E)  International Codes of Law

Question 20

Which of the following acts developed by the European Union erases legal and trade differences that have existed for decades between the member nations?

Accepted Answer

A)  European Sanctity Act 
B)  European Antitrust Act 
C)  European Unification Act 
D)  Single European Market Act 
E)  No European Union Act exists 
A)  European Sanctity Act 
B)  European Antitrust Act 
C)  European Unification Act 
D)  Single European Market Act 
E)  No European Union Act exists

What are bases of international legal disputes? Describe the situations and the authority that addresses the issues.

One of the deterrents to litigation with respect to disputes in the international business arena is the fear of creating a poor image and damaging public relations.

Another term for code law is:

Briefly describe the modus operandi of cybersquatters.

One counterfeiting problem for international marketers is:

In many code-law countries, ownership of intellectual property rights is established by registration rather than by prior use--the first to register a trademark or other property right is considered to be the rightful owner.

Describe how countries are facing the threat of environmental issues through green marketing legislation.

The General Agreement on Trade and Tariffs, a major provision of the World Trade Organization, is the most comprehensive multilateral agreement on intellectual property to date.

The World Court can adjudicate disputes between which of the following?

Compare the differences between "prior use" and "registration" ownership with an example.

In Marxist-socialist societies, law is subordinate to prevailing economic conditions.

_____ is considered complete as a result of catchall provisions found in most of this type of law's system.

The first step that most arbitrators try to resolve a dispute between two parties is to attempt:

Another term for conciliation is mediation.

Most disputes that arise in commercial transactions are settled informally.

Apart from intellectual property laws, another illustration of how fundamental differences in the common and code systems can cause difficulty is:

Which of the following is NOT one of the areas of antitrust enforcement in the European Union and elsewhere?

The _____ of the United States makes it illegal for companies to pay bribes to foreign officials, candidates, or political parties.

Which of the following acts developed by the European Union erases legal and trade differences that have existed for decades between the member nations?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: A Critical Concern

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

The Asia Pacific Region

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Negotiating With International Customers, Partners, and Regulators

Filters

Exam 7: The International Legal Environment: Playing by the Rules

What are bases of international legal disputes? Describe the situations and the authority that addresses the issues.

One of the deterrents to litigation with respect to disputes in the international business arena is the fear of creating a poor image and damaging public relations.

Another term for code law is:

Briefly describe the modus operandi of cybersquatters.

One counterfeiting problem for international marketers is:

In many code-law countries, ownership of intellectual property rights is established by registration rather than by prior use--the first to register a trademark or other property right is considered to be the rightful owner.

Describe how countries are facing the threat of environmental issues through green marketing legislation.

The General Agreement on Trade and Tariffs, a major provision of the World Trade Organization, is the most comprehensive multilateral agreement on intellectual property to date.

The World Court can adjudicate disputes between which of the following?

Compare the differences between "prior use" and "registration" ownership with an example.

In Marxist-socialist societies, law is subordinate to prevailing economic conditions.

_____ is considered complete as a result of catchall provisions found in most of this type of law's system.

The first step that most arbitrators try to resolve a dispute between two parties is to attempt:

Another term for conciliation is mediation.

Most disputes that arise in commercial transactions are settled informally.

Apart from intellectual property laws, another illustration of how fundamental differences in the common and code systems can cause difficulty is:

Which of the following is NOT one of the areas of antitrust enforcement in the European Union and elsewhere?

The _____ of the United States makes it illegal for companies to pay bribes to foreign officials, candidates, or political parties.

Which of the following acts developed by the European Union erases legal and trade differences that have existed for decades between the member nations?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: A Critical Concern

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

The Asia Pacific Region

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Negotiating With International Customers, Partners, and Regulators

Filters