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

The basis for which of the following is tradition, past practices, and legal precedents set by the courts through interpretations of statutes, legal legislation, and past rulings?

In the United States, a common-law country, ownership of intellectual property rights is established by registration versus prior use (whoever registers first is considered to be the rightful owner).

In a common-law country, ownership of intellectual property rights is established by "prior use versus registration." What does the phrase "prior use versus registration" mean?

Arbitration clauses require agreement on two counts. Which of the following is one of those accounts?

Which of the following is based on an all-inclusive system of written rules of law that is generally divided into commercial, civil, and criminal sections?

The World Court can settle disputes between governments.

Which of the following is usually placed in the arbitration clause that is becoming standard in many international contracts?

Under code law, the legal system is generally divided into three separate codes: commercial, civil, and criminal.

Briefly describe the legal process of determining whether a representation is false or misleading.

Which of the following commonly counterfeited products has the potential for doing the greatest harm to the consuming public?

U.S. firms, their foreign subsidiaries, or foreign firms that are licensees of U.S. technology cannot sell a product to a country in which the sale is considered by the U.S. government to affect:

The form of law found in the United States and England is classified as civil or code law.

Ralph Richards has been attempting to solve a problem that his company has with a contract default by the Dutch government. He has tried conciliation but the two parties could never find any common ground on which to begin a fruitful negotiation for settlement. Which of the following will most likely be the course of action that both of the two parties will try next?

According to the text Vietnam, Russia, Japan and _____ made major progress in reducing software piracy from 2003 to 2006.

According to Canadian law, what is the standard expected by courts in Canada in determining whether a representation is false or misleading?

In settling international commercial transaction disputes, which of the following methods accounts for the majority of settlements?

Which of the following countries has ownership of IP rights established by prior use-whoever can establish first use is typically considered the rightful owner?

The responsibility of determining if a license is required rests with the exporter.

The Department of Commerce has published a revised set of export regulations to alleviate many of the problems and confusions of exporting and to expedite the process. What is it called?

_____ is based on an all-inclusive system of written rules of law.