Question 1

What concept is Clare referencing when she mentions employment-at-will?

Accepted Answer

A)   The right of the employer or the employee to terminate the employment relationship at any time.
B)   The requirement that an employer have good cause before discharging an employee.
C)   The requirement that an employee give notice before quitting.
D)   The requirement that employers may at will require employees to work overtime without pay.
E)   The requirement that employers allow employees to take breaks at will only after six hours of work.F) B) and E)
G) B) and D)

Question 2

Richard is president of a pharmaceutical company which is based in the U.S.but has a substantial amount of sales in other countries.Richard's company manufactures drugs prescribed to those infected with HIV and other illnesses.He is informed by some missionary workers that millions of people in Africa have HIV and that many have died.He is asked to provide medication to certain locations in Africa free of charge.On the other hand,Richard has also been asked by a group in the U.S.to provide medication free of charge to HIV positive individuals in this country and to donate other drugs his company makes for the treatment of other illnesses.Richard,in good faith and based on a good review of the company's financial position,believes that the company can afford to donate some supplies but not in the quantities requested by both foreign and U.S.concerns.What do you believe is the ethical thing for Richard to do under the circumstances?

Accepted Answer

Student responses,of course,wi...

Question 3

Which of the following is true regarding Clare's statement that so long as she obeys the laws of the U.S.,she does not need to be concerned about laws of other countries?

Accepted Answer

A)   She is accurate.
B)   She is accurate, but only in regard to laws pertaining to employment.
C)   She is inaccurate.
D)   She is accurate, but only in regard to laws involved with the Uniform Commercial Code.
E)   She is accurate, but only if countries are signatories to NAFTA.F) B) and C)
G) A) and E)

Question 4

Which of the following is a tax levied on imported goods?

Accepted Answer

A)   Non-tariff barrier
B)   Embargo
C)   Indirect barrier
D)   Tariff
E)   DumpingF) All of the above
G) B) and E)

Question 5

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.

Accepted Answer

A)   Foreign sales representative
B)   Distributor
C)   Licensing agent
D)   Joint agent
E)   Affiliate agentF) A) and E)
G) A) and B)

Question 6

Which of the following is true regarding Willie's advice that she contacts foreign officials regarding election campaign contributions?

Accepted Answer

A)   Willie was incorrect, and following his advice would put Susie in danger of violating the Foreign Corrupt Practices Act.
B)   Willie was incorrect, and following his advice would put Susie in danger of violating foreign laws in the countries in which she makes such offers; but she would not be in danger of violating any U.S. laws.
C)   Willie was incorrect, and following his advice would put Susie in danger of violating the Uniform Anti-Bribery Statute.
D)   Willie was incorrect, and following his advice would put Susie in danger of violating the federal Unfair Competition Act.
E)   Willie was correct, and following his advice is a good idea for Susie.F) C) and D)
G) All of the above

Question 7

When doing business internationally,a foreign sales representative does the same thing as a distributor.

Accepted Answer

A) True 
 B)False

Question 8

_____ principle requires that World Trade Organization member states treat like goods coming from other World Trade Organization member states on an equal basis.

Accepted Answer

A)   The normal trade relations
B)   The like treatment
C)   The quantitative restrictions
D)   The nondiscriminatory
E)   The fairnessF) A) and C)
G) A) and D)

Question 9

If Tara simply opens her own business in Mexico in conformity with Mexican laws and hires employees in Mexico to sell the product,she would have opened a[n] ______.

Accepted Answer

A)   Franchise
B)   Distributorship
C)   Joint venture
D)   Licensing subsidiary
E)   AffiliateF) A) and B)
G) B) and E)

Question 10

Assuming that Tara decides to proceed as Maria proposes,their arrangement would be a[n] ______.

Accepted Answer

A)   Franchisee-franchisor arrangement
B)   Affiliator-affiliatee arrangement
C)   Joint venture
D)   Licensing agreement
E)   Subsidiary agreementF) A) and B)
G) A) and C)

Question 11

Which of the following is an international agreement?

Accepted Answer

A)   A written agreement made between states governed by international law and relating to international subject matter.
B)   An agreement that is only between two states, not three or more, relating to an international subject matter.
C)   An agreement that is made between at least three states regarding an international subject matter.
D)   A general and consistent practice by states regardless of whether the practice is accepted as law.
E)   A general and consistent practice by states that is accepted as law.F) C) and D)
G) A) and C)

Question 12

An agent who distributes,represents,or sells goods on behalf of a foreign seller is referred to as a[n] ______.

Accepted Answer

A)   Export representative
B)   Import representative
C)   Foreign sales representative
D)   Foreign exportation proponent
E)   International sales and importation expertF) C) and E)
G) B) and C)

Question 13

The ____ allows recognized governments of WTO member states to bring an action alleging a violation of the GATT.

Accepted Answer

A)   Trade barrier agreement
B)   Mediation/arbitration agreement
C)   World dispute resolution agreement
D)   Dispute settlement understanding
E)   GATT violation accordF) A) and C)
G) A) and B)

Question 14

Which of the following is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Accepted Answer

A)   The International Agreement on Nontariffs and Trade
B)   The World Trade Organization Agreement
C)   The General Agreement on Tariffs and Trade
D)   The North and South American Free Trade Agreement
E)   The European Free Trade AgreementF) A) and E)
G) B) and E)

Question 15

Which of the following is true regarding minimum-wage laws?

Accepted Answer

A)   The People's Republic of China has a national minimum-wage law.
B)   Canada has a national minimum-wage law.
C)   Italy has a national minimum-wage law.
D)   Germany has a national minimum-wage law.
E)   Australia has a national minimum-wage law.F) A) and B)
G) A) and C)

Question 16

Which of the following is true regarding nontariff barriers?

Accepted Answer

A)   Quotas are nontariff barriers, but embargoes are not.
B)   Embargoes are nontariff barriers, but quotas are not.
C)   Indirect barriers are nontariff barriers, but quotas and embargoes are not.
D)   Quotas and embargoes are nontariff barriers, but indirect barriers are not.
E)   Quotas, embargoes, and indirect barriers are all nontariff barriers.F) A) and C)
G) A) and B)

Question 17

The United States is not a party to the Central American Free Trade Agreement.

Accepted Answer

A) True 
 B)False

Question 18

Is Clare correct that there has been no change in the concept of employment-at-will in this country and that the relationship between employer and employee has remained the same?

Accepted Answer

A)   She is correct.
B)   She is incorrect, but the employment relationship has changed only in respect to minimum wage.
C)   She is incorrect, but the employment relationship has changed only in respect to the issue of workers' compensation.
D)   She is incorrect, but the employment relationship has changed only in the area of employment discrimination.
E)   She is incorrect.F) A) and B)
G) B) and D)

Question 19

Which of the following references a standard meaning that either the employer or the employee may terminate the employment relationship at any time?

Accepted Answer

A)   Employment-at-will
B)   Unconnected employment
C)   Nachfrist
D)   Reasonable employment
E)   Unreasonable employmentF) All of the above
G) A) and B)

Question 20

Many ______ are derived from Roman law.

Accepted Answer

A)   Common law systems
B)   Case law legal systems
C)   Civil law systems
D)   Socialist legal systems
E)   Islamic legal systemsF) B) and E)
G) None of the above

Exam 6: International and Comparative Law

Which of the following is true regarding Clare's statement that so long as she obeys the laws of the U.S.,she does not need to be concerned about laws of other countries?

Correct Answer
verified

Which of the following is true regarding minimum-wage laws?

Correct Answer
verified

_____ principle requires that World Trade Organization member states treat like goods coming from other World Trade Organization member states on an equal basis.

Correct Answer
verified

Correct Answer
verified
Student responses,of course,wi...
View Answer

When doing business internationally,a foreign sales representative does the same thing as a distributor.

Correct Answer
verified

Which of the following is true regarding nontariff barriers?

Correct Answer
verified

Which of the following references a standard meaning that either the employer or the employee may terminate the employment relationship at any time?

Correct Answer
verified

Which of the following is an international agreement?

Correct Answer
verified

The United States is not a party to the Central American Free Trade Agreement.

Correct Answer
verified

Is Clare correct that there has been no change in the concept of employment-at-will in this country and that the relationship between employer and employee has remained the same?

Correct Answer
verified

What concept is Clare referencing when she mentions employment-at-will?

Correct Answer
verified

If Tara simply opens her own business in Mexico in conformity with Mexican laws and hires employees in Mexico to sell the product,she would have opened a[n] ______.

Correct Answer
verified

An agent who distributes,represents,or sells goods on behalf of a foreign seller is referred to as a[n] ______.

Correct Answer
verified

Assuming that Tara decides to proceed as Maria proposes,their arrangement would be a[n] ______.

Correct Answer
verified

The ____ allows recognized governments of WTO member states to bring an action alleging a violation of the GATT.

Correct Answer
verified

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.

Correct Answer
verified

Which of the following is true regarding Willie's advice that she contacts foreign officials regarding election campaign contributions?

Correct Answer
verified

Many ______ are derived from Roman law.

Correct Answer
verified

Which of the following is a tax levied on imported goods?

Correct Answer
verified

Which of the following is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Correct Answer
verified

Exam 6: International and Comparative Law

Which of the following is true regarding Clare's statement that so long as she obeys the laws of the U.S.,she does not need to be concerned about laws of other countries?

Correct AnswerverifiedShow Answer

Which of the following is true regarding minimum-wage laws?

Correct AnswerverifiedShow Answer

_____ principle requires that World Trade Organization member states treat like goods coming from other World Trade Organization member states on an equal basis.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedStudent responses,of course,wi...View AnswerShow Answer

When doing business internationally,a foreign sales representative does the same thing as a distributor.

Correct AnswerverifiedShow Answer

Which of the following is true regarding nontariff barriers?

Correct AnswerverifiedShow Answer

Which of the following references a standard meaning that either the employer or the employee may terminate the employment relationship at any time?

Correct AnswerverifiedShow Answer

Which of the following is an international agreement?

Correct AnswerverifiedShow Answer

The United States is not a party to the Central American Free Trade Agreement.

Correct AnswerverifiedShow Answer

Is Clare correct that there has been no change in the concept of employment-at-will in this country and that the relationship between employer and employee has remained the same?

Correct AnswerverifiedShow Answer

What concept is Clare referencing when she mentions employment-at-will?

Correct AnswerverifiedShow Answer

If Tara simply opens her own business in Mexico in conformity with Mexican laws and hires employees in Mexico to sell the product,she would have opened a[n] ______.

Correct AnswerverifiedShow Answer

An agent who distributes,represents,or sells goods on behalf of a foreign seller is referred to as a[n] ______.

Correct AnswerverifiedShow Answer

Assuming that Tara decides to proceed as Maria proposes,their arrangement would be a[n] ______.

Correct AnswerverifiedShow Answer

The ____ allows recognized governments of WTO member states to bring an action alleging a violation of the GATT.

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

Which of the following is true regarding Willie's advice that she contacts foreign officials regarding election campaign contributions?

Correct AnswerverifiedShow Answer

Many ______ are derived from Roman law.

Correct AnswerverifiedShow Answer

Which of the following is a tax levied on imported goods?

Correct AnswerverifiedShow Answer

Which of the following is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Student responses,of course,wi...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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