Exam 6: International and Comparative Law
Exam 1: An Introduction to Dynamic Business Law90 Questions
Exam 2: Business Ethics90 Questions
Exam 3: The Us Legal System90 Questions
Exam 4: Alternative Dispute Resolution89 Questions
Exam 5: Constitutional Principles90 Questions
Exam 6: International and Comparative Law90 Questions
Exam 7: Crime and the Business Community90 Questions
Exam 8: Tort Law90 Questions
Exam 9: Negligence and Strict Liability90 Questions
Exam 10: Product Liability90 Questions
Exam 11: Liability of Accountants and Other Professionals87 Questions
Exam 12: Intellectual Property90 Questions
Exam 13: Introduction to Contracts90 Questions
Exam 14: Agreement89 Questions
Exam 15: Consideration90 Questions
Exam 16: Capacity and Legality90 Questions
Exam 17: Legal Assent90 Questions
Exam 18: Contracts in Writing90 Questions
Exam 19: Third-Party Rights to Contracts90 Questions
Exam 20: Discharge and Remedies89 Questions
Exam 21: Introduction to Sales and Lease Contracts85 Questions
Exam 22: Title, Risk of Loss, and Insurable Interest88 Questions
Exam 23: Performance and Obligations Under Sales and Leases87 Questions
Exam 24: Remedies for Breach of Sales and Lease Contracts90 Questions
Exam 25: Warranties89 Questions
Exam 26: Negotiable Instruments: Negotiability and Transferability88 Questions
Exam 27: Negotiation, Holder in Due Course, and Defenses90 Questions
Exam 28: Liability, Defenses, and Discharge90 Questions
Exam 29: Checks and Electronic Fund Transfers90 Questions
Exam 30: Secured Transactions90 Questions
Exam 31: Other Creditors Remedies and Suretyship90 Questions
Exam 32: Bankruptcy and Reorganization90 Questions
Exam 33: Agency Formation and Duties90 Questions
Exam 34: Liability to Third Parties and Termination90 Questions
Exam 35: Forms of Business Organization90 Questions
Exam 36: Partnerships: Nature, Formation, and Operation90 Questions
Exam 37: Partnerships: Termination and Limited Partnerships90 Questions
Exam 38: Corporations: Formation and Financing90 Questions
Exam 40: Corporations: Mergers, Consolidations, Terminations90 Questions
Exam 41: Corporations: Securities and Investor Protection86 Questions
Exam 42: Employment and Labor Law90 Questions
Exam 43: Employment Discrimination90 Questions
Exam 44: Administrative Law90 Questions
Exam 45: Consumer Law90 Questions
Exam 46: Environmental Law90 Questions
Exam 47: Antitrust Law87 Questions
Exam 48: The Nature of Property, Personal Property, and Bailments90 Questions
Exam 49: Real Property90 Questions
Exam 50: Landlord-Tenant Law90 Questions
Exam 51: Insurance Law90 Questions
Exam 52: Wills and Trusts90 Questions
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A(n) ________, for purposes of international law, is an entity possessing territory, population, a government, and the legal capacity to engage in diplomatic relations.
(Multiple Choice)
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Define tariffs and how they may be calculated. Additionally, define a nontariff barrier and list and define three types of nontariff barriers.
(Essay)
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Do both the CISG and the UCC require contracts for the sale of goods be in writing?
(Multiple Choice)
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[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.
-All of the following are examples of a nontariff barrier except ________.
(Multiple Choice)
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[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.
-Which of the following is the most common legal system in the world?
(Multiple Choice)
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What types of warranties are recognized by the CISG and the UCC?
(Multiple Choice)
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Agents of a foreign state are immune from civil actions against them, but not from situations in which the foreign agent engages in a commercial activity.
(True/False)
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________ is a type of alternative dispute resolution procedure wherein disputes are submitted for resolution to private, nonofficial persons selected in a manner provided by law or the agreement of the parties.
(Multiple Choice)
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[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.
-All of the following are issues addressed by NAFTA except which one?
(Multiple Choice)
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[Weeds] Cecelia developed a product guaranteed to immediately kill weeds, but will absolutely not kill any other type of grass or shrub. She has encountered several individuals and businesses in other countries who would like to enter into contracts with her and market her products internationally. She consulted with Willie, who just graduated law school and has yet to pass the bar, and asked him for advice regarding those contracts. Willie proceeded to tell her that she should simply enter into the same type of contract with international businesses and individuals from other countries as she would if those individuals and businesses were located in the United States. He tells her that if there is any problem, then they will simply have to come to the United States to settle the matter, and that any issues would be determined in Cecelia's home county, in her home state, and under her state's law. He also mentions to her that she should consider contacting local foreign officials in the areas in which she would like her product sold and suggest to them that she can contribute heavily to election campaigns if she is allowed, without any trouble, to obtain necessary business licenses and approvals to do business.
-If Cecelia does not take Willie at his word and wants additional assurance that her state's law would be applied, what should she do?
(Multiple Choice)
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Roberta is president of a pharmaceutical company which is based in the U.S., but has a substantial amount of sales in other countries. Roberta's company manufactures drugs prescribed to those infected with HIV and other illnesses. She is informed by missionary workers that millions of people in Africa have HIV and many have died. She receives a request to provide medication to certain locations in Africa free of charge. In addition, Roberta has been asked by a group in the U.S. to provide medication free of charge to HIV positive individuals within the U.S. and to donate other drugs her company makes for the treatment of other illnesses. Roberta, in good faith and based on a good review of the company's financial position, believes that the company can afford to donate some supplies, but not in the quantities requested by both foreign and U.S. concerns. What do you believe is the ethical thing for Roberta to do under the circumstances?
(Essay)
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[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.
-Assuming that Yoshe decides to make the deal Sam proposes, Sam would be referred to as a(n) ________ and Yoshe would be referred to as a(n) ________.
(Multiple Choice)
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Identify and describe a franchise agreement, a joint venture, and an affiliate business in relation to international business.
(Essay)
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Which of the following translates directly to "law of merchants?"
(Multiple Choice)
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There are three basic types of regional trade agreements: multilateral free trade agreements, customs unions, and bilateral free trade agreements.
(True/False)
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Which of the following has the U.S. Supreme Court held with respect to whether U.S. courts must rely on customary international law?
(Multiple Choice)
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Discuss in detail the World Trade Organization, its membership, and its function. Also explain the normal trade relations principle, national treatment, quantitative restrictions, and dumping.
(Essay)
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A foreign sales representative does the same thing as a distributor when conducting business internationally.
(True/False)
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International agreements take on two forms in the U.S., what are they?
(Multiple Choice)
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[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.
-Does an Illinois court have specific personal jurisdiction over DroneTek?
(Multiple Choice)
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