International Business Law Exam
Questions with Verified Answers
International Law - ANSWER-deals with three kinds of international relationships
1-those between states and states
2-those between states and persons
3 those between persons and persons
public international law - ANSWER-the law of nations resolved issues between two or
more states, and legal relationships between and among states
private international law - ANSWER-applied to the laws governing conduct between
people from different states
todays international law.... - ANSWER-applies to any conduct outside the boundaries of
states, whether of a public or private nature
COMITY - ANSWER-the practice between states of treating each other with goodwill
and civility
nation state - ANSWER-a system that developed 400 years ago; family recent
development (gov't for each country)
-reached its high point in 17th 18th and 19th century
state=country - ANSWER-in international context (state=gov't)
international law system origin? - ANSWER-the international law system comes from
nation state system
there is no legislative body internationally ( closes is the EU - ANSWER-
there is international law but none to enforce it but countries follow to keep relationship
in tact
-no jurisdiction= no authority - ANSWER-
supra national - ANSWER-over and above nations gov't
j
jurisdiction - ANSWER-the authority of a court to hear a case an rule authority
territorial basis for taking jurisdiction over a case involving foreign actors - ANSWER-if a
business incorporated in one state operates a manufacturing facility in another state
and violates the law of the other state, the other state will have the well recognized
, power under customary international law to hear and decide a case against the foreign
defendant
countries of the world will generally enforce judgements of other counties as long as
their jurisdiction is proper - ANSWER-
multilateral treaty - ANSWER-treaty between more than two states
bilateral treaty - ANSWER-formal binding agreement between two states
conventions - ANSWER-legally binding agreements between states sponsored by
international organizations such as the UN
treaty - ANSWER-legally binding agreements between two or more states
treaty - ANSWER-in the US our president negotiates treaties
-although he negotiates he has to have 2/3 of two senates vote to be legally binding
-president in commander and chief in the US
-congress only outfit that can declare war and they have to fund the war
Article 1 section 8 - ANSWER-congress is and only congress ca regulate commerce
with foreign nations
most democracies of the world have a parliamentary system - ANSWER-
most treaties in the world have to do with trade - ANSWER-
customary law - ANSWER-some rules have been around for such a long time or are so
generally accepted that they are described as customary law
1-consistently and regularly observed
2-recognized by those states observing it as a practice that they must obligatorily follow
custom - ANSWER-most customs have evolved into treaties......how you fight a war and
how you treat prisoners of war are examples of customs
ex. of custom - ANSWER-countries have authority to control the waters near their coast
(12 miles of your coast)"Freedom of the Seas" is a custom is a custom
-countries control sea bed 200 miles out Libia claims gulf but everyone says No
"persistently objects"
diplomats - ANSWER-an official representing a country abroad.
now how they work
-families have immunity too
Questions with Verified Answers
International Law - ANSWER-deals with three kinds of international relationships
1-those between states and states
2-those between states and persons
3 those between persons and persons
public international law - ANSWER-the law of nations resolved issues between two or
more states, and legal relationships between and among states
private international law - ANSWER-applied to the laws governing conduct between
people from different states
todays international law.... - ANSWER-applies to any conduct outside the boundaries of
states, whether of a public or private nature
COMITY - ANSWER-the practice between states of treating each other with goodwill
and civility
nation state - ANSWER-a system that developed 400 years ago; family recent
development (gov't for each country)
-reached its high point in 17th 18th and 19th century
state=country - ANSWER-in international context (state=gov't)
international law system origin? - ANSWER-the international law system comes from
nation state system
there is no legislative body internationally ( closes is the EU - ANSWER-
there is international law but none to enforce it but countries follow to keep relationship
in tact
-no jurisdiction= no authority - ANSWER-
supra national - ANSWER-over and above nations gov't
j
jurisdiction - ANSWER-the authority of a court to hear a case an rule authority
territorial basis for taking jurisdiction over a case involving foreign actors - ANSWER-if a
business incorporated in one state operates a manufacturing facility in another state
and violates the law of the other state, the other state will have the well recognized
, power under customary international law to hear and decide a case against the foreign
defendant
countries of the world will generally enforce judgements of other counties as long as
their jurisdiction is proper - ANSWER-
multilateral treaty - ANSWER-treaty between more than two states
bilateral treaty - ANSWER-formal binding agreement between two states
conventions - ANSWER-legally binding agreements between states sponsored by
international organizations such as the UN
treaty - ANSWER-legally binding agreements between two or more states
treaty - ANSWER-in the US our president negotiates treaties
-although he negotiates he has to have 2/3 of two senates vote to be legally binding
-president in commander and chief in the US
-congress only outfit that can declare war and they have to fund the war
Article 1 section 8 - ANSWER-congress is and only congress ca regulate commerce
with foreign nations
most democracies of the world have a parliamentary system - ANSWER-
most treaties in the world have to do with trade - ANSWER-
customary law - ANSWER-some rules have been around for such a long time or are so
generally accepted that they are described as customary law
1-consistently and regularly observed
2-recognized by those states observing it as a practice that they must obligatorily follow
custom - ANSWER-most customs have evolved into treaties......how you fight a war and
how you treat prisoners of war are examples of customs
ex. of custom - ANSWER-countries have authority to control the waters near their coast
(12 miles of your coast)"Freedom of the Seas" is a custom is a custom
-countries control sea bed 200 miles out Libia claims gulf but everyone says No
"persistently objects"
diplomats - ANSWER-an official representing a country abroad.
now how they work
-families have immunity too
