Question 1

The United States passed the most stringent green marketing laws that regulate the management and recycling of packaging waste.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is the most comprehensive multilateral agreement on intellectual property to date?

Accepted Answer

A)  World Intellectual Property Organization Charter 
B)  Trade-Related Aspects of Intellectual Property Rights 
C)  Inter-American Convention Agreement 
D)  The Madrid Arrangement 
E)  Paris Agreement for the Protection of Industrial Property 
A)  World Intellectual Property Organization Charter 
B)  Trade-Related Aspects of Intellectual Property Rights 
C)  Inter-American Convention Agreement 
D)  The Madrid Arrangement 
E)  Paris Agreement for the Protection of Industrial Property

Question 3

Which of the following is NOT one of the traditional remedies by American companies to protect intellectual property?

Accepted Answer

A)  Threats to withdraw products from country 
B)  Complaints to U.S. government and WTO 
C)  Negotiation and dispute resolution 
D)  Preventative steps such as local representation 
E)  Complaints to country's government 
A)  Threats to withdraw products from country 
B)  Complaints to U.S. government and WTO 
C)  Negotiation and dispute resolution 
D)  Preventative steps such as local representation 
E)  Complaints to country's government

Question 4

Most arbitration is successful, but success depends on the:

Accepted Answer

A)  amount of the judgment. 
B)  personalities of the complainants. 
C)  nationalities of the complainants. 
D)  willingness of both parties to accept the arbitrator's rulings. 
E)  amount of money involved in the dispute. 
A)  amount of the judgment. 
B)  personalities of the complainants. 
C)  nationalities of the complainants. 
D)  willingness of both parties to accept the arbitrator's rulings. 
E)  amount of money involved in the dispute.

Question 5

A nonbonding agreement between parties to resolve disputes by asking a third party to mediate differences is called:

Accepted Answer

A)  litigation. 
B)  informal settlement. 
C)  arbitration. 
D)  conciliation. 
E)  coercion. 
A)  litigation. 
B)  informal settlement. 
C)  arbitration. 
D)  conciliation. 
E)  coercion.

Question 6

In a common-law country, ownership of intellectual property rights is established by:

Accepted Answer

A)  prior use. 
B)  registration. 
C)  design proof. 
D)  the "common sense mandate." 
E)  the "golden rule of property." 
A)  prior use. 
B)  registration. 
C)  design proof. 
D)  the "common sense mandate." 
E)  the "golden rule of property."

Question 7

The exporter is responsible for selecting the _____ which leads to a description in the Commerce Control List (CCL), which indicates the exportability status of the item.

Accepted Answer

A)  Entity List Number 
B)  Priority Number 
C)  Export License Number 
D)  Control Number 
E)  Export Control Classification Number 
A)  Entity List Number 
B)  Priority Number 
C)  Export License Number 
D)  Control Number 
E)  Export Control Classification Number

Question 8

The question of jurisdiction of U.S. law over acts committed outside the territorial limits of the country has been settled by the courts through application of a long-established principle of international law called the:

Accepted Answer

A)  the right of imminent domain. 
B)  the legal transfer of power. 
C)  the rights of foreign powers and citizens. 
D)  the objective theory of jurisdiction. 
E)  the McNeil Principle of International Law. 
A)  the right of imminent domain. 
B)  the legal transfer of power. 
C)  the rights of foreign powers and citizens. 
D)  the objective theory of jurisdiction. 
E)  the McNeil Principle of International Law.

Question 9

Charging what the market will bear is a suggested strategy for IP-rich firms to make money in China.

Accepted Answer

A) True 
 B)False

Question 10

If conciliation is not used to settle a difference in an international business dispute or an agreement cannot be reached, the next step is litigation.

Accepted Answer

A) True 
 B)False

Question 11

When all else fails in an international commercial dispute, the final step is:

Accepted Answer

A)  conciliation. 
B)  to encourage one's government to force the other party to comply. 
C)  to find fault or wrong doing as a public relations device. 
D)  litigation. 
E)  coercion. 
A)  conciliation. 
B)  to encourage one's government to force the other party to comply. 
C)  to find fault or wrong doing as a public relations device. 
D)  litigation. 
E)  coercion.

Question 12

If law is founded on tradition, past practices, legal precedents set by the courts through interpretations of statutes, legal legislation, and past rulings, it is called:

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 13

Leaving the political boundaries of a home country with a business venture has been interpreted to mean that a company is then exempt from home-country laws because business is not being conducted in that home-country.

Accepted Answer

A) True 
 B)False

Question 14

One authority suggests that settlement of every dispute should follow four steps. Which of the following is considered to be the first step in this process?

Accepted Answer

A)  Conciliate 
B)  Arbitrate 
C)  Coerce 
D)  Try to placate the injured party 
E)  Litigate 
A)  Conciliate 
B)  Arbitrate 
C)  Coerce 
D)  Try to placate the injured party 
E)  Litigate

Question 15

Under common law, ownership is established by _______; under code law, ownership is determined by ___.

Accepted Answer

A)  heredity; shareholding 
B)  use; registration 
C)  tradition; legal right 
D)  legal right; patent 
E)  shareholding; use 
A)  heredity; shareholding 
B)  use; registration 
C)  tradition; legal right 
D)  legal right; patent 
E)  shareholding; use

Question 16

Another name for conciliation as a means for settling a dispute in international commerce is:

Accepted Answer

A)  mediation. 
B)  informal settlement. 
C)  arbitration. 
D)  litigation. 
E)  coercion. 
A)  mediation. 
B)  informal settlement. 
C)  arbitration. 
D)  litigation. 
E)  coercion.

Question 17

For some companies, piracy is beneficial.

Accepted Answer

A) True 
 B)False

Question 18

Compare conciliation with arbitration.

Accepted Answer

Conciliation (also known as mediation) i

Question 19

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

Accepted Answer

A)  constitutional law 
B)  code law 
C)  family law 
D)  religious law 
E)  traditional law 
A)  constitutional law 
B)  code law 
C)  family law 
D)  religious law 
E)  traditional law

Question 20

Under Marxist-socialist tenets (law) it would be illegal to pay interest on a loan.

Accepted Answer

A) True 
 B)False

The United States passed the most stringent green marketing laws that regulate the management and recycling of packaging waste.

Which of the following is the most comprehensive multilateral agreement on intellectual property to date?

Which of the following is NOT one of the traditional remedies by American companies to protect intellectual property?

Most arbitration is successful, but success depends on the:

A nonbonding agreement between parties to resolve disputes by asking a third party to mediate differences is called:

In a common-law country, ownership of intellectual property rights is established by:

The exporter is responsible for selecting the _____ which leads to a description in the Commerce Control List (CCL), which indicates the exportability status of the item.

The question of jurisdiction of U.S. law over acts committed outside the territorial limits of the country has been settled by the courts through application of a long-established principle of international law called the:

Charging what the market will bear is a suggested strategy for IP-rich firms to make money in China.

If conciliation is not used to settle a difference in an international business dispute or an agreement cannot be reached, the next step is litigation.

When all else fails in an international commercial dispute, the final step is:

If law is founded on tradition, past practices, legal precedents set by the courts through interpretations of statutes, legal legislation, and past rulings, it is called:

Leaving the political boundaries of a home country with a business venture has been interpreted to mean that a company is then exempt from home-country laws because business is not being conducted in that home-country.

One authority suggests that settlement of every dispute should follow four steps. Which of the following is considered to be the first step in this process?

Under common law, ownership is established by _____; under code law, ownership is determined by _.

Another name for conciliation as a means for settling a dispute in international commerce is:

For some companies, piracy is beneficial.

Compare conciliation with arbitration.

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

Under Marxist-socialist tenets (law) it would be illegal to pay interest on a loan.

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

The United States passed the most stringent green marketing laws that regulate the management and recycling of packaging waste.

Which of the following is the most comprehensive multilateral agreement on intellectual property to date?

Which of the following is NOT one of the traditional remedies by American companies to protect intellectual property?

Most arbitration is successful, but success depends on the:

A nonbonding agreement between parties to resolve disputes by asking a third party to mediate differences is called:

In a common-law country, ownership of intellectual property rights is established by:

The exporter is responsible for selecting the _____ which leads to a description in the Commerce Control List (CCL), which indicates the exportability status of the item.

The question of jurisdiction of U.S. law over acts committed outside the territorial limits of the country has been settled by the courts through application of a long-established principle of international law called the:

Charging what the market will bear is a suggested strategy for IP-rich firms to make money in China.

If conciliation is not used to settle a difference in an international business dispute or an agreement cannot be reached, the next step is litigation.

When all else fails in an international commercial dispute, the final step is:

If law is founded on tradition, past practices, legal precedents set by the courts through interpretations of statutes, legal legislation, and past rulings, it is called:

Leaving the political boundaries of a home country with a business venture has been interpreted to mean that a company is then exempt from home-country laws because business is not being conducted in that home-country.

One authority suggests that settlement of every dispute should follow four steps. Which of the following is considered to be the first step in this process?

Under common law, ownership is established by _______; under code law, ownership is determined by ___.

Another name for conciliation as a means for settling a dispute in international commerce is:

For some companies, piracy is beneficial.

Compare conciliation with arbitration.

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

Under Marxist-socialist tenets (law) it would be illegal to pay interest on a loan.

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

Under common law, ownership is established by _____; under code law, ownership is determined by _.