Exam 43: International and Space Law
Exam 1: Introduction to the Law72 Questions
Exam 2: Ethics in Business72 Questions
Exam 3: The Courts and Our Legal System72 Questions
Exam 4: Constitutional Law72 Questions
Exam 5: Business Torts72 Questions
Exam 6: Intellectual Property72 Questions
Exam 7: Business Crimes72 Questions
Exam 8: Introduction to Contracts72 Questions
Exam 9: Offer and Acceptance72 Questions
Exam 10: Consideration72 Questions
Exam 11: Capacity72 Questions
Exam 12: The Legality of Agreements72 Questions
Exam 13: Voluntary Consent72 Questions
Exam 14: Written Contracts72 Questions
Exam 15: Third Party Rights72 Questions
Exam 16: Termination and Remedies72 Questions
Exam 17: Introduction to Sales and Lease Contracts72 Questions
Exam 18: Title and Risk of Loss72 Questions
Exam 19: Performance and Breach72 Questions
Exam 20: Warranties and Product Liability72 Questions
Exam 21: Consumer Protection72 Questions
Exam 22: The Essentials of Negotiability72 Questions
Exam 23: Negotiable Instruments: Transfer and Liability72 Questions
Exam 24: Banking in the Digital Age72 Questions
Exam 25: Agency Relationships72 Questions
Exam 26: Employment, Immigration, and Labor Law72 Questions
Exam 27: Employment Discrimination72 Questions
Exam 28: Types of Business Organizations72 Questions
Exam 29: Formation and Ownership of a Corporation72 Questions
Exam 30: Management of a Corporation72 Questions
Exam 31: Combining and Dissolving a Corporation72 Questions
Exam 32: Credit and Security72 Questions
Exam 33: Mortgages72 Questions
Exam 34: Bankruptcy72 Questions
Exam 35: Insurance72 Questions
Exam 36: Personal Property72 Questions
Exam 37: Bailments72 Questions
Exam 38: Real Property72 Questions
Exam 39: Landlord and Tenant Law72 Questions
Exam 40: Wills and Trusts72 Questions
Exam 41: Administrative Law72 Questions
Exam 42: Antitrust Law72 Questions
Exam 43: International and Space Law72 Questions
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Energy Company, a U.S. firm, and Fresh Petro, a Dutch firm, enter into a contract that includes an arbitration clause. This clause must provide that the arbitrator will be
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(Multiple Choice)
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Correct Answer:
A
Under the U.S. Constitution, Congress can impose export taxes.
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(True/False)
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Correct Answer:
False
Consolidated Corporation, a U.S. firm, wishes to participate, but limit its involvement, in Middle Eastern markets. Consolidated contracts with Doha Ltd., an Egyptian firm, to enter into contracts in certain countries on behalf of Consolidated. This is
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(Multiple Choice)
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Correct Answer:
B
Global Project, a U.S. firm, owns property in Hong Kong. The government of China seizes the property. The firm claims that this is confiscation. The government claims that it is expropriation. The difference concerns
(Multiple Choice)
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The government of Japan sets a limit on the amount of rice that can be imported from the United States. This is
(Multiple Choice)
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Regional trade agreements and associations help to minimize trade barriers among nations.
(True/False)
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Overland Rail Corporation, a U.S. firm, owns property in India. The government of India seizes the property for a proper public purpose and pays the firm just compensation. This is
(Multiple Choice)
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In the United States, each government agency that operates or authorizes spacecraft is responsible for complying with U.S. law and international treaties.
(True/False)
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U. S. law allows U.S. citizens, including private companies to engage in the commercial exploration and exploitation of space resources.
(True/False)
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International space law consists of international treaties primarily negotiated by the United States and Russia.
(True/False)
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Retail Operations, Inc., a U.S. firm, obtains a judgment in a U.S. court against Shinobu, Ltd., a Japanese business. Whether the court's judgment will be enforced by a court in Japan depends on the Japanese court's application of
(Multiple Choice)
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Because international contracts cross the laws of multiple countries, parties to an international contract can choose the law that will apply to the contract.
(True/False)
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Because business activities can affect national interests, nations impose laws to restrict or facilitate international business.
(True/False)
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The principle of comity states that the courts of one country will not examine the validity of government acts of a foreign country within that country's own borders.
(True/False)
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Courts apply International law in the interest of maintaining judicial power across borders.
(True/False)
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Burger Heaven, a U.S. firm, makes a deal with a Canadian firm, Donny's Diners, that allows Donny's to use Burger Heaven's intellectual property in Canada in return for a fee and a promise to follow Burger Heaven's guidelines and standards. This is
(Multiple Choice)
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The United States taxes each barrel of imported oil at a flat rate. This is
(Multiple Choice)
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Equity International Inc., a U.S. firm, and Finance Invest Ltd., a firm in Great Britain, are parties to a contract with a choice-of-forum clause. The forum specified in the clause must be within the geographic boundaries of
(Multiple Choice)
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The U.S. National Aeronautics and Space Administration launches a commercial satellite that falls out of orbit and returns to earth outside U.S. territory. All nations are to assist in recovering the satellite under
(Multiple Choice)
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