FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

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

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

True/False

Review LaterAdd Note

Review Later

Widgets, Inc. is beginning to export its products to Taiwan, but it isn't sure if it needs a license to do so. The responsibility of determining if a license is required rests with the Taiwanese company that is purchasing the products.

Correct Answer

verified

Show Answer

Question 22

Essay

Review LaterAdd Note

Review Later

Will leaving the country make an American businessman immune to U.S. laws? Explain your reasoning with specific examples.

Correct Answer

verified

Leaving the political boundaries of a ho...

View Answer

Show Answer

Question 23

Multiple Choice

Review LaterAdd Note

The first objective of ________ laws is to protect American consumers by ensuring that they benefit from products and ideas produced by foreign competitors as well as by domestic competitors.

Compare and contrast the two types of licenses required for export.

Steps are being taken in common-law countries to codify commercial law, even though the primary basis of commercial law is common law.

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

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

Under the antiboycott law, U.S. companies are forbidden to participate in any unauthorized foreign boycott. Which situation brought about the antiboycott law in the U.S.?

Ralph Richards's company has been attempting to solve a problem with a contract default by the Dutch government. He has tried conciliation but the two parties did not find any common ground on which they could begin a fruitful negotiation for settlement. What is likely to be the course of action that both the parties will try next?

The sole requirement of an arbitration clause is that the parties agree to abide by the awards resulting from the process of arbitration.

What 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?

One purpose of antitrust enforcement in international commerce is to keep U.S. companies from imposing restrictions on exports by other U.S.-based competitors.

Under common law, the ownership of intellectual property is established by

__________ law is derived from English law and is practiced in the U.S..

Which country has enacted the most stringent green marketing laws to regulate the management and recycling of packaging waste?

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

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:

Mariette's U.S.-based company is having a dispute with a Chinese partner. What method would be especially effective in resolving this dispute?

What are cybersquatters? How do they operate and why are they a problem for businesses?

Disputes relating to commercial transactions must be settled in courts and cannot be settled informally.