Regarding international law and concerning contracts

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Reference no: EM132086435

1. Which statement regarding international law is incorrect?

A. The International Court of Justice, or World Court, is a body of the United Nations.

B. Institutions interested in uniform world laws include the International Chamber of Commerce, The Hague Convention, and the Vienna Agreement.

C. Unified laws have produced unified judicial practices.

D. The EU and NAFTA are agreements that are trying to equalize the treatment of organizations doing business multinationally.

2. Which of the following statements concerning contracts is incorrect?

A. A contract is an agreement between parties to do something and can be made either by speaking, writing, or conduct.

B. In the United States an oral contract is legally enforceable if the parties admit that the contract was made.

C. In Japan most contract disputes are discussed and resolved through legal intervention.

D. The word contract is important to legal enforceability.

3. Which statement regarding nonwritten law is incorrect?

A. Countries interpret laws differently.

B. In low-context cultures what is written is considered flexible, and what is oral is considered binding.

C. Japan is an example of a high-context culture.

D. In all cultures, the interpretation of the situation is less important than external rules and regulations.

4. Which of the following statements concerning ethics is incorrect?

A. Ethics judgments are based on a standard of moral behavior as to right and wrong.

B. Ethical behavior is not viewed the same by all cultures.

C. Ethical judgments are objective rather than subjective.

D. Reasonable people have difficulty agreeing as to where the line should be drawn between ethical and unethical acts.

5. The four motivations for unethical conduct are

A. consumers, profit, justice, and guidance.

B. profit, consumers, advertising, and competition.

C. profit, competition, justice, and advertising.

D. consumers, advertising, competition, and profit.

6. Which of the following is not covered by the U.S. Department of Commerce's 1993 booklet, International Business Practices, concerning distributor agreements?

A. If possible, state the jurisdiction that will handle disagreements.

B. What is legal in the United States may not be legal in another country.

C. Benefits to both parties should be stated.

D. The agreement can be either oral or written.

7. The most important document to carry when traveling outside your native country is your

A. visa.

B. consulate papers.

C. passport.

D. birth certificate.

8. If you break the law in another country, you may

A. not call anyone other than a lawyer.

B. only be tried for a crime according to the laws of your home country.

C. ask the consulate for legal, medical, or financial advice.

D. ask the consulate to get you out of jail.

9. If you break the law in another country, you may

A. not call anyone other than a lawyer.

B. only be tried for a crime according to the laws of your home country.

C. ask the consulate for legal, medical, or financial advice.

D. ask the consulate to get you out of jail.

Reference no: EM132086435

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