Question 1

If you are an international businessperson arrested and taken into custody in a foreign country,the best approach is to

Accepted Answer

A)  notify your embassy, try to understand the issues, and contact local assistance, such as a lawyer. 
B)  assert that you be released to your ambassador. 
C)  contact the local press and describe the situation. 
D)  resist talking at all.

Question 2

The _____________,according to Lawrence Lessig,is the place intellectual property is least respected.

Accepted Answer

The answer of The _____________,according to Lawrence Lessig,is the place...

Question 3

The process of finding facts of a case relevant to the litigation is the process of ___________.

Accepted Answer

The answer of The process of finding facts of a...

Question 4

Immunity from prosecution of visiting foreign heads of state is an example of ______________.

Accepted Answer

The answer of Immunity from prosecution of visiting foreign heads...

Question 5

U.S.antitrust law is applied

Accepted Answer

A)  to all U.S. firms doing business in the U.S. 
B)  as widely as possible, whether or not the alleged corruption took place inside the U.S. and whether or not the business is American. 
C)  to U.S.-owned firms with assets in the U.S. 
D)  to all firms with assets in the U.S.

Question 6

__________ describes the set of rules nations have agreed to follow to help set the context for stable relationships among nations.

Accepted Answer

The answer of __________ describes the set of rules nations...

Question 7

The World Intellectual Property Organization (WIPO)is a UN agency that administers 24 intellectual property treaties.

Accepted Answer

A) True 
 B)False

Question 8

The U.S.antitrust law contains both civil and criminal penalties,

Accepted Answer

A)  neither of which can be applied outside the U.S. 
B)  and the criminal penalties apply to foreign companies even if the conspiracy took place outside the U.S. 
C)  but their application to foreign companies is limited to actions that have taken place within the U.S. 
D)  and they can be administered by foreign courts.

Question 9

A cartel that allows consumers a fair share of the benefits is legally acceptable in the _____.

Accepted Answer

The answer of A cartel that allows consumers a fair...

Question 10

Legal uncertainties constrain the growth of international business.

Accepted Answer

A) True 
 B)False

Question 11

Legal systems are based on __________,common law,or civil law.

Accepted Answer

The answer of Legal systems are based on __________,common law,or...

Question 12

The Alien Tort Statute allows foreigners to

Accepted Answer

A)  sue in the U.S. courts for residency in the U.S. 
B)  file claims in U.S. courts for violations of international law that may have occurred beyond the U.S. borders. 
C)  file claims in U.S. courts for alleged violations of foreign laws. 
D)  file claims against other foreign nationals for violation of U.S. EEOC law.

Question 13

Product liability is an area of torts in which the U.S.courts can make large awards,unlike in other countries.

Accepted Answer

A) True 
 B)False

Question 14

In the EU,_____________ protects property rights of an innovation that is absolutely novel and not available to the public in any form.

Accepted Answer

The answer of In the EU,_____________ protects property rights of...

Question 15

A creative work or invention that is protectable by patents,trademarks,trade names,copyrights,and trade secrets is known as ______________.

Accepted Answer

The answer of A creative work or invention that is...

Question 16

Unlike antitrust or competition proceedings in the EU,in the U.S.such proceedings

Accepted Answer

A)  may involve civil and criminal penalties. 
B)  are heard at the local level. 
C)  involve only the top management team. 
D)  are head by a three-judge panel.

Question 17

The EU applies its competition policy

Accepted Answer

A)  extraterritorially. 
B)  only within EU. 
C)  within the EU and applicant states. 
D)  within the EU and other European nations.

Question 18

Miscellaneous foreign laws can cause difficulties for the uninformed businessperson because

Accepted Answer

A)  these laws may not be obvious or in accord with laws at home. 
B)  they are ambiguous enough that they can be applied to the foreigner at almost any time. 
C)  they may violate them and be arrested, yet ignorance of the law is an acceptable defense. 
D)  they are aimed to take advantage of the foreigner's ignorance, a trade barrier.

Question 19

Trademarks can be

Accepted Answer

A)  a shape, color, design, sound, phrase, abbreviation by which the product is designated. 
B)  any visual property consciously associated with the product. 
C)  a design associated with the product, using color and shape. 
D)  a mark under which the firm does business.

Question 20

The European Patent Organization (EPO)makes filing for a patent in all 28 EU member states more difficult than it was previously.

Accepted Answer

A) True 
 B)False

Exam 6: Intellectual Property Rights and Other Legal Forces

If you are an international businessperson arrested and taken into custody in a foreign country,the best approach is to

The _____________,according to Lawrence Lessig,is the place intellectual property is least respected.

The process of finding facts of a case relevant to the litigation is the process of ___________.

Immunity from prosecution of visiting foreign heads of state is an example of ______________.

U.S.antitrust law is applied

__________ describes the set of rules nations have agreed to follow to help set the context for stable relationships among nations.

The World Intellectual Property Organization (WIPO)is a UN agency that administers 24 intellectual property treaties.

The U.S.antitrust law contains both civil and criminal penalties,

A cartel that allows consumers a fair share of the benefits is legally acceptable in the _____.

Legal uncertainties constrain the growth of international business.

Legal systems are based on __________,common law,or civil law.

The Alien Tort Statute allows foreigners to

Product liability is an area of torts in which the U.S.courts can make large awards,unlike in other countries.

In the EU,_____________ protects property rights of an innovation that is absolutely novel and not available to the public in any form.

A creative work or invention that is protectable by patents,trademarks,trade names,copyrights,and trade secrets is known as ______________.

Unlike antitrust or competition proceedings in the EU,in the U.S.such proceedings

The EU applies its competition policy

Miscellaneous foreign laws can cause difficulties for the uninformed businessperson because

Trademarks can be

The European Patent Organization (EPO)makes filing for a patent in all 28 EU member states more difficult than it was previously.