Exam 6: International and Comparative Law

Under which scenario does a company have the most presence in a foreign state?

Which of the systems are derived from Roman law?

The country Axton exports their auto parts to the country of Bularny. The price that Axton charges is a significantly lesser price than the same auto part is sold for in Bularny. This practice severely threatens the auto parts industry in Bularny. This practice is known as?

Albert has a great idea for a new vacuum cleaner and receives a patent for his design. Albert finds a Canadian company to sell his vacuum cleaners in Canada, but Albert wants to ensure his patented idea is protected. What type of contract should Albert negotiate with the Canadian company?

Article 38 of the Statute of the International Court of Justice identifies four sources that may be used to find international law. Please list those four sources.

[DroneTek] DroneTek, Inc., a Swedish company, produces drones that are sold in the United States and many countries. DroneTek's D2000 model is a top seller in Illinois, where Reymond lives. While vacationing in Mexico, Reymond purchased a D2000 drone. Unfortunately, during a tour in Mexico City, the blades of the D2000 broke from the unit and caused serious and permanent injury to Reymond. Reymond wants to file suit in Illinois against DroneTek for its defective product. -In order for any judgment in Illinois to be enforceable against DroneTek, what must the court have?

Which of the following is an international agreement governing the arbitration of private international disputes that has been ratified by the U.S.?

In a sales contract between two companies, one in Florida and one in Kentucky, which of the following is true about which set of laws would apply:

What U.S. law prohibits companies from offering or paying bribes to foreign government officials, political parties, and candidates for office for the purpose of obtaining or retaining business?

Treaties in the United States may be self-executing or non-self-executing.

The terms international law and comparative law mean the same thing.

[Miracle Face] Yoshe developed a great new type of face cream guaranteed to provide total sun protection, remove wrinkles, and result in anyone looking at least ten years younger. Her product, Miracle Face, became extremely popular in the U.S., where she has several shops, and also in other countries to which it was shipped. Yoshe has a number of individuals in other countries seeking to team with her in selling Miracle Face. Sam, a citizen of Mexico, asks that she grant him permission to use her name and any associated trademarks, and allow him to sell Miracle Face in Mexico. Yoshe has an offer, however, from another Mexican citizen, Nora. Nora proposes that she and Yoshe associate together, open a business to sell Miracle Face, and share profits and management responsibilities. Yoshe has also thought about opening her own business in Mexico in conformity with Mexican laws. She would then hire employees in Mexico to sell the product. Another matter Yoshe has considered is simply arranging for her products to be shipped to Mexico for sale, and she is interested in the effect of any trade agreements between the U.S. and Mexico. -Which of the following should Yoshe consider concerning trade agreements between the U.S. and Mexico?

GATT stands for the Grand Attempts of Tariffs and Trades.

According to the General Agreement on Tariffs and Trade, a subsidy is a government financial contribution that allots a benefit to a specific industry or enterprise.

Diliana, your friend from Uganda, is visiting you here in the United States and the talk quickly turns to international trade. She is confused about how international cooperation works in an open marketplace and wonders who provides for trade negotiations and the settlement of international trade disputes. Which organization would you tell her is responsible?

The parties to an international contract have the right to select the forum in which disputes are to be resolved.

[Miracle Face] Yoshe developed a great new type of face cream guaranteed to provide total sun protection, remove wrinkles, and result in anyone looking at least ten years younger. Her product, Miracle Face, became extremely popular in the U.S., where she has several shops, and also in other countries to which it was shipped. Yoshe has a number of individuals in other countries seeking to team with her in selling Miracle Face. Sam, a citizen of Mexico, asks that she grant him permission to use her name and any associated trademarks, and allow him to sell Miracle Face in Mexico. Yoshe has an offer, however, from another Mexican citizen, Nora. Nora proposes that she and Yoshe associate together, open a business to sell Miracle Face, and share profits and management responsibilities. Yoshe has also thought about opening her own business in Mexico in conformity with Mexican laws. She would then hire employees in Mexico to sell the product. Another matter Yoshe has considered is simply arranging for her products to be shipped to Mexico for sale, and she is interested in the effect of any trade agreements between the U.S. and Mexico. -If Yoshe ships Miracle Face to Mexico for sale, she would be involved in the ________ of goods.

[Lambswool tax] The U.S. and Canada are members of the World Trade Organization and GATT. Frustrated by the tough competition from Canadian suppliers, Lambswool suppliers in the U.S. have pressured Congress to pass a law requiring importers to pay a tax per pound of lambswool imported to the U.S. and restricting the number of pounds of lambswool imported from specific countries, including Canada. Wholly Wool, Inc., is a Canadian company that sells lambswool that is nearly identical to lambswool produced and sold in the U.S. -Wholly Wool's president claims the United States is in violation of GATT because of the improper restriction on the amount of lambswool that can be imported. Is he correct?

The European Union is an example of a customs union.

________ is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers.