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

A certain level of piracy is beneficial for some companies as it provides an unplanned trial.

The revised set of export regulations published by the Department Of Commerce to alleviate many of the problems and confusions of exporting and to expedite the process is called _____.

The World Court can adjudicate disputes between:

_____ seeks "interpretation through the past decisions of higher courts which interpret the same statutes or apply established and customary principles of law to a similar set of facts."

Which of the following countries has enacted the most stringent green marketing laws that regulate the management and recycling of packaging waste?

Germany has the most stringent green marketing laws that regulate the management and recycling of packaging waste.

Under the Antiboycott Law, U.S. companies are forbidden to participate in any unauthorized foreign boycott. Which of the following situations brought about the Antiboycott Law in the U.S.?

Which of the following indicates the exportability status of the item based on the ECCN?

Firms that have been penalized for bribing by the Foreign Corrupt Practices Act (FCPA) can reduce the penalties by helping in investigations.

Which of the following is true of code-law systems?

Cybersquatters buy and register descriptive nouns, geographic names, names of ethnic groups and pharmaceutical substances, and other similar descriptors and hold them until they can be sold at an inflated price.

Compare conciliation with arbitration.

Briefly describe the modus operandi of cybersquatters.

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

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

Which of the following is true with regard to the Internet?

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 form of law found in Germany, France, and Japan is called civil or code law.

The basis for _____ is the interpretation of the Koran.

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