International Business Law: Key Concepts and Cases
31) Despite the positive publicity, the phrases– B) political culture.
32) Any company doing business outside the home country– A) political culture
33) Categories of political risk listed by EIU– B) political turmoil.
34) Bureaucracy is listed– C) EIU (Economist Intelligence Unit).
35) Various types of political risk insurance to U.S.– E) OPIC
36) What do value added taxes (VAT)– B) They result in cross-border shopping
37) After Fidel Castro took power in Cuba in 1959– B) confiscation
38) The governmental action to dispossess a foreign company– C) expropriation.
39) Located in The Hague, the International Court of Justice– C) United Nations.
40) What type of international disputes would– A) disputes between two nations
41) What happens if a nation has allowed a case– E) The plaintiff nation can seek
42) The Uniform Commercial Code (UCC) is fully– D) Louisiana.
43) Which of the following is not a common-law country?– D) Korea
44) The German civil-law tradition prevails in– D) Scandinavia.
45) In West Africa, Burkina Faso,– A) Burkina Faso, the Ivory (common-law countries)
46) Islamic law is a comprehensive code based in part on– D) the Koran.
47) Any Western country doing business in Malaysia– C) Islamic law.
48) In a recent case, Revlon sued (UOL) in the U.S– A) jurisdiction.
49) A formal legal document that gives an inventor– A) patent.
50) Engineers at a company in a developing country study– A) patent
51) Counterfeiting is:– C) the unauthorized copying or production of a product.
52) The unauthorized publication or reproduction of– E) piracy.
53) In many parts of the world, sales of unauthorized– B) copyright
54) Which of the following would constitute a copyright violation?– D) A, B, and C
55) In accordance with GATT, new U.S. patents– C) 20
56) The company receiving the most U.S. patents in 2009 was– B) IBM.
57) Research in Motion (RIM), a Canadian company which– B) governments use strict
58) In 2005, representatives from several– C) misuse of place names by marketers of
59) Harley-Davidson has applied for federal protection– B) trademark
60) Only Sony can use the “Walkman” name on– B) “Walkman” is a registered Sony
61) In order to fight piracy in China– C) beer cans in China have fluted edges.
62) Which of the following is correct?– A) The Paris Convention protects patents,
63) Which of the following is true– D) Copyright laws protect the actual code
64) The company receiving the most U.S(2009)– C) IBM.
65) Which of the following is true about– D) Patents are valid for 20 years after the filing
66) As part of their alliance relationship, Northwest– B) antitrust.
67) The European Commission has jurisdiction– E) it can refer serious matters to the UN
68) A proposed merger between two Swiss-based– A) European Commission
69) Which of the following actions were approved– C) merger of Sony (Japan) BMG (G)
70) Consten, a French company– E) The European Commission ruled that German Grun.
71) OPEC can be considered as a “cartel”– A) sets prices, controls output,
72) Which of the following best describes the legal– C) Trade secrets are protected by
73) The U.S. Justice Department– D) the exclusive nature of the license agreement.
74) According to the Transparency International’s– E) Somalia.
75) The following criminal penalties may– C) fines imposed on individuals can be paid
76) When companies operate abroad in the absence– D) to have a product that is clearly
77) The United States has more lawyers than– B) the low-context nature of the American
78) Which of the following is true of the arbitration framework– E) all of the above
79) A company stands a better chance of having an international– C) the New York Co…
80) Italy recently introduced the Reguzzoni– A) at least four stages of… “Made in Italy.”