Question 1

Antitrust enforcement has two purposes in international commerce.Which of the following accurately describes one of those purposes?

Accepted Answer

A)  Protection of American consumers by ensuring that they benefit from products and ideas produced by foreign competitors as well as by domestic competitors.
B)  Protection of the trade balance of the United States.
C)  Protection of the U.S.dollar abroad.
D)  Protection of the right to compete abroad.
E)  Protection of American consumers from contaminated foreign food products.

Question 2

Compare the differences between "prior use" and "regiatration" ownership of intellectual property rights.

Accepted Answer

According to the text,the United States,...

Question 3

Which of the following U.S.government agencies oversees antitrust enforcement in international commerce?

Accepted Answer

A)  Department of State
B)  Department of Justice
C)  Department of Commerce
D)  Department of Defense
E)  Department of Home Land Security

Question 4

Which of the following commonly counterfeited products has the potential for doing the greatest harm to the consuming public?

Accepted Answer

A)  toys
B)  CDs
C)  pharmaceuticals
D)  software
E)  clothing

Question 5

One counterfeiting problem for international marketers is:

Accepted Answer

A)  the ease with which consumers can tell the difference between real and counterfeit products.
B)  the theft of products by pirates during shipping.
C)  government regulations legitimizing counterfeiting.
D)  collusion between contract manufacturers and illegitimate sellers.
E)  the worldwide availability of duplication software.

Question 6

ALL countries have laws regulating all of the following marketing activities EXCEPT:

Accepted Answer

A)  promotion
B)  product development
C)  labeling
D)  channels of distribution
E)  production volume

Question 7

The World Court can settle disputes between governments.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following forms of law was derived from English law?

Accepted Answer

A)  code law
B)  common law
C)  religious law
D)  civil law
E)  universal law

Question 9

What is the difference between common and code law?

Accepted Answer

Common law is based on tradition,past pr...

Question 10

With respect to the resolution of international disputes,what is conciliation?

Accepted Answer

Conciliation (or mediation)is ...

Question 11

Under the Antiboycott Law,U.S.companies are forbidden to participate in any unauthorized foreign boycott.Which of the following situations brought about the Antiboycott Law in the U.S.?

Accepted Answer

A)  The boycott of Cuba by the U.S.
B)  The boycott of South Africa by the world community.
C)  The boycott of Israel by the Arab League.
D)  The boycott of Iraq by the United States.
E)  The boycott of the U.S.by the U.S.S.R.(the wheat embargo) .

Question 12

The basis for which of the following is tradition,past practices,and legal precedents set by the courts through interpretations of statutes,legal legislation,and past rulings?

Accepted Answer

A)  common law
B)  code law
C)  Islamic law
D)  Marxist-socialist tenets
E)  legal tradition

Question 13

The form of law found in the United States and England is classified as civil or code law.

Accepted Answer

A) True 
 B)False

Question 14

Your company has just entered into an agreement with a Chinese company to do a joint venture in China.However,problems occurred almost immediately.Which of the forms of international dispute resolution would probably be best to pursue to solve your problems with the Chinese so that business may continue? Explain your choice.

Accepted Answer

Conciliation is considered to be especia...

Question 15

Even though each nation is considered to be sovereign,many nations consider the extraterritoriality of U.S.laws to be a threat.Which of the following best describes the most realistic of these threats as interpreted by foreign governments?

Accepted Answer

A)  the threat to annex a foreign country.
B)  the threat to boycott a foreign country.
C)  the threat to go to war with a foreign country.
D)  the threat of influencing a foreign government through American government policy on their economies through U.S.multinationals
E)  the threat of germ warfare

Question 16

In settling international commercial transaction disputes,which of the following methods accounts for the majority of settlements?

Accepted Answer

A)  conciliation
B)  informal settlement
C)  arbitration
D)  litigation
E)  coercion

Question 17

All countries have laws regulating marketing activities in promotion,product development,labeling,pricing,and channels of distribution.

Accepted Answer

A) True 
 B)False

Question 18

Another name for conciliation as a means for settling a dispute in international commerce is:

Accepted Answer

A)  mediation.
B)  informal settlement.
C)  arbitration.
D)  litigation.
E)  coercion.

Question 19

Under code law,the legal system is generally divided into three separate codes: commercial,civil,and criminal.

Accepted Answer

A) True 
 B)False

Question 20

Another term for conciliation is __________.

Accepted Answer

The answer of Another term for conciliation is __________....

Exam 7: The International Legal Environment: Playing by the Rules

What is the difference between common and code law?

Correct Answer
verified
Common law is based on tradition,past pr...
View Answer

The basis for which of the following is tradition,past practices,and legal precedents set by the courts through interpretations of statutes,legal legislation,and past rulings?

Correct Answer
verified

Correct Answer
verified
Conciliation is considered to be especia...
View Answer

Another term for conciliation is __________.

Correct Answer
verified

In settling international commercial transaction disputes,which of the following methods accounts for the majority of settlements?

Correct Answer
verified

The World Court can settle disputes between governments.

Correct Answer
verified

Another name for conciliation as a means for settling a dispute in international commerce is:

Correct Answer
verified

Antitrust enforcement has two purposes in international commerce.Which of the following accurately describes one of those purposes?

Correct Answer
verified

Even though each nation is considered to be sovereign,many nations consider the extraterritoriality of U.S.laws to be a threat.Which of the following best describes the most realistic of these threats as interpreted by foreign governments?

Correct Answer
verified

With respect to the resolution of international disputes,what is conciliation?

Correct Answer
verified
Conciliation (or mediation)is ...
View Answer

One counterfeiting problem for international marketers is:

Correct Answer
verified

Under the Antiboycott Law,U.S.companies are forbidden to participate in any unauthorized foreign boycott.Which of the following situations brought about the Antiboycott Law in the U.S.?

Correct Answer
verified

All countries have laws regulating marketing activities in promotion,product development,labeling,pricing,and channels of distribution.

Correct Answer
verified

ALL countries have laws regulating all of the following marketing activities EXCEPT:

Correct Answer
verified

Which of the following U.S.government agencies oversees antitrust enforcement in international commerce?

Correct Answer
verified

Which of the following commonly counterfeited products has the potential for doing the greatest harm to the consuming public?

Correct Answer
verified

Which of the following forms of law was derived from English law?

Correct Answer
verified

Compare the differences between "prior use" and "regiatration" ownership of intellectual property rights.

Correct Answer
verified
According to the text,the United States,...
View Answer

Under code law,the legal system is generally divided into three separate codes: commercial,civil,and criminal.

Correct Answer
verified

The form of law found in the United States and England is classified as civil or code law.

Correct Answer
verified

Exam 7: The International Legal Environment: Playing by the Rules

What is the difference between common and code law?

Correct AnswerverifiedCommon law is based on tradition,past pr...View AnswerShow Answer

The basis for which of the following is tradition,past practices,and legal precedents set by the courts through interpretations of statutes,legal legislation,and past rulings?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedConciliation is considered to be especia...View AnswerShow Answer

Another term for conciliation is __________.

Correct AnswerverifiedShow Answer

In settling international commercial transaction disputes,which of the following methods accounts for the majority of settlements?

Correct AnswerverifiedShow Answer

The World Court can settle disputes between governments.

Correct AnswerverifiedShow Answer

Another name for conciliation as a means for settling a dispute in international commerce is:

Correct AnswerverifiedShow Answer

Antitrust enforcement has two purposes in international commerce.Which of the following accurately describes one of those purposes?

Correct AnswerverifiedShow Answer

Even though each nation is considered to be sovereign,many nations consider the extraterritoriality of U.S.laws to be a threat.Which of the following best describes the most realistic of these threats as interpreted by foreign governments?

Correct AnswerverifiedShow Answer

With respect to the resolution of international disputes,what is conciliation?

Correct AnswerverifiedConciliation (or mediation)is ...View AnswerShow Answer

One counterfeiting problem for international marketers is:

Correct AnswerverifiedShow Answer

Under the Antiboycott Law,U.S.companies are forbidden to participate in any unauthorized foreign boycott.Which of the following situations brought about the Antiboycott Law in the U.S.?

Correct AnswerverifiedShow Answer

All countries have laws regulating marketing activities in promotion,product development,labeling,pricing,and channels of distribution.

Correct AnswerverifiedShow Answer

ALL countries have laws regulating all of the following marketing activities EXCEPT:

Correct AnswerverifiedShow Answer

Which of the following U.S.government agencies oversees antitrust enforcement in international commerce?

Correct AnswerverifiedShow Answer

Which of the following commonly counterfeited products has the potential for doing the greatest harm to the consuming public?

Correct AnswerverifiedShow Answer

Which of the following forms of law was derived from English law?

Correct AnswerverifiedShow Answer

Compare the differences between "prior use" and "regiatration" ownership of intellectual property rights.

Correct AnswerverifiedAccording to the text,the United States,...View AnswerShow Answer

Under code law,the legal system is generally divided into three separate codes: commercial,civil,and criminal.

Correct AnswerverifiedShow Answer

The form of law found in the United States and England is classified as civil or code law.

Correct AnswerverifiedShow Answer

Correct Answer
verified
Common law is based on tradition,past pr...
View Answer

Correct Answer
verified

Correct Answer
verified
Conciliation is considered to be especia...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Conciliation (or mediation)is ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
According to the text,the United States,...
View Answer

Correct Answer
verified

Correct Answer
verified