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

_____ is a nonbinding agreement between parties to resolve disputes by asking a third party to mediate differences.

The World Court can settle disputes between a company and a government.

The General Agreement on Tariffs and Trade is the most comprehensive multilateral agreement on intellectual property to date.

What are the four forms of law and what are the heritages linked to these forms of law?

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.

Which of the following international conventions was established to recognize intellectual property rights?

The ownership of intellectual property rights in United States, a common law country, is established by registration rather than by prior use.

Which of the following is the most comprehensive multilateral agreement on intellectual property to date and covers a full range of rights that are embodied in current international agreements?

The statements made by the parties during conciliation may be used as evidence in the subsequent litigation.

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

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

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

Which of the following forms of law is derived from English law?

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

Which of the following laws is primarily found in the United States, England, Canada, and other countries once under English influence?

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.

When dealing with foreign countries, a marketer should refer to "international commercial law" for guidance.

The shipping companies collect the taxes for products that are sold by a company through the Internet to customers outside its home country.

The Islamic law prohibits the payment of _____.

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