Exam 6: International and Comparative Law
Exam 1: An Introduction to Dynamic Business Law90 Questions
Exam 2: Business Ethics90 Questions
Exam 3: The Uslegal System89 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 Professionals91 Questions
Exam 12: Intellectual Property90 Questions
Exam 13: Introduction to Contracts89 Questions
Exam 14: Agreement89 Questions
Exam 15: Consideration90 Questions
Exam 16: Capacity and Legality90 Questions
Exam 17: Legal Assent89 Questions
Exam 18: Contracts in Writing90 Questions
Exam 19: Third-Party Rights to Contracts89 Questions
Exam 20: Discharge and Remedies90 Questions
Exam 21: Introduction to Sales and Lease Contracts89 Questions
Exam 22: Title,risk of Loss,and Insurable Interest90 Questions
Exam 23: Performance and Obligations Under Sales and Leases90 Questions
Exam 24: Remedies for Breach of Sales and Lease Contracts90 Questions
Exam 25: Warranties90 Questions
Exam 26: Negotiable Instruments: Negotiability and Transferability90 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 Suretyship89 Questions
Exam 32: Bankruptcy and Reorganization85 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 Financing89 Questions
Exam 40: Corporations: Mergers, consolidations, terminations90 Questions
Exam 41: Corporations: Securities and Investor Protection90 Questions
Exam 42: Employment and Labor Law90 Questions
Exam 43: Employment Discrimination90 Questions
Exam 44: Administrative Law88 Questions
Exam 45: Consumer Law90 Questions
Exam 46: Environmental Law90 Questions
Exam 47: Antitrust Law90 Questions
Exam 48: The Nature of Property, personal Property, and Bailments88 Questions
Exam 49: Real Property89 Questions
Exam 50: Landlord-Tenant Law90 Questions
Exam 51: Insurance Law88 Questions
Exam 52: Wills and Trusts88 Questions
Select questions type
There are three basic types of regional trade agreements: multilateral free trade agreements,customs unions,and bilateral free trade agreements.
Free
(True/False)
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Correct Answer:
True
A[n] purchases goods from a seller for resale in a foreign market and actually takes title to the goods assuming the risk of being unable to resell them.
Free
(Multiple Choice)
4.9/5
(37)
Correct Answer:
C
[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.
-Which of the following is true regarding Willie's advice that Cecelia should contact foreign officials regarding election campaign contributions?
Free
(Multiple Choice)
4.7/5
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Correct Answer:
B
[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 in effect between the U.S.and Mexico.
-Assuming that Yoshe decides to make the deal Sam proposes,Sam would be referred to as an) and Yoshe would be referred to as an).
(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 non-tariff barriers.
(Essay)
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(31)
Which of the following systems originated from the English legal system?
(Multiple Choice)
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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.
(True/False)
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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?
(Multiple Choice)
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principle requires that World Trade Organization member states treat like goods coming from other World Trade Organization member states on an equal basis.
(Multiple Choice)
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A is a free trade area with the additional feature of a common external tariff on products originating from outside the union.
(Multiple Choice)
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Which of the following refers to an agent who distributes,represents,or sells goods on behalf of a foreign seller?
(Multiple Choice)
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Does an Illinois court have general personal jurisdiction over DroneTek?
(Multiple Choice)
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Which of the following is not true about common law systems?
(Multiple Choice)
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Albert has a great idea for a new vacuum cleaner and received 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?
(Multiple Choice)
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For a U.S.court judgment to be enforceable,the court must have either personal jurisdiction or subject-matter jurisdiction.
(True/False)
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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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Which of the following is the most common legal system in the world?
(Multiple Choice)
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