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Business Law Chapter 11 Exam Questions With Valid Solutions.

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Business Law Chapter 11 Exam Questions With Valid Solutions.

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Business Law Chapter 11 Exam Questions With Valid
Solutions.
International law can be defined as a body of law, formed as a result of
international customs, treaties, and organizations, that governs relations
among or between nations. - accurate answers-True

The major difference between national law and international law is: - accurate
answers-that national law can be enforced by the nation's government, while
international law cannot be enforced by any government.

National Law - accurate answers-Government rules and regulations that are
enforceable by that government within certain boundaries

International Organization - accurate answers-Agreement between several
nations who agree to certain principles and rules of behavior

Treaty - accurate answers-Agreement forced between two or more nations
that is formally approved and authorized by the governments of those nations

Select the three basic sources of international law from the list. - accurate
answers-a. International customs
c. Treaties and agreements
e. International organizations

The U.S. Constitution gives the_______the power "by and with the Advice and
Consent of the______, to make______ , provided two-thirds of the_______present
concur." - accurate answers-1.president
2.Senate
3.treaties
4.Senators

A____agreement is an agreement formed by _____nations to govern their _____ -
accurate answers-1.bilateral
2.two
3.relationships

, The United States is a member of more than how many multilateral and
bilateral organizations? - accurate answers-100

International organizations can adopt____in the form of resolutions or
declarations that require member nations to behave in certain ways. They also
may create_____to be adopted by the member nations. - accurate answers-
1.standards
2.uniform rules

One of the basic differences between a common law and a civil law legal
system is that: - accurate answers-judges in civil systems often actively
question witnesses.

Comity means: - accurate answers-that one nation will show deference for the
laws and decrees of another natiom

Sovereign Immunity - accurate answers-The U.S. courts will not hear a case
against the government of another nation with limited exceptions

Act of state doctrine - accurate answers-The judicial branch of one nation will
not evaluate the validity of another nation's government

Confiscation - accurate answers-The taking of privately held property without
a proper public purpose AND/OR without just compensation

Expropriation - accurate answers-The taking of privately held property for a
public purpose and with just compensation

The act of state doctrine is frequently employed in importing cases. - accurate
answers-False

When a country's government seizes privately owned property of foreign
investors without paying just compensation, it is known as: - accurate
answers-a confiscation

One of the major exceptions to the doctrine of sovereign immunity is when: -
accurate answers-a nation engages in commercial activity within the United
States.

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