EXAM 4 BUL 3320 QUESTIONS AND
ANSWERS
treaty - Correct Answers -An agreement between two or more states that is governed by
international law.
bilateral treaty - Correct Answers -a treaty made between two nations
convention - Correct Answers -a treaty on a specific issue that affects all the
participants, like the UN Convention on Contracts for the International Sale of Goods or
the Vienna Convention on the Law of Treaties.
protocol - Correct Answers -an amendment to a treaty
Adopted Treaty - Correct Answers -when those who have drafted it agree that it is in
final form
Ratified Treaty - Correct Answers -when a nation indicates its intent to be bound by it.
To take effect in the United States, treaties must be approved by at least two-thirds of
the Senate.
GATT - Correct Answers -General Agreement on Tariffs and Trade
International Law - Correct Answers -consists of rules and principles that apply to the
conduct of states, international organizations, businesses, and individuals across
borders.
Public international law - Correct Answers -Rules and norms governing relationships
among states and international organizations.
Private international law - Correct Answers -International rules and standards applying
to cross-border commerce.
Secretariat - Correct Answers -The staff of the UN, headed by the secretary-general
, General Assembly - Correct Answers -the UN's lawmaking body
Security Council - Correct Answers -main organ within the UN responsible for
maintaining peace and security; composed of 5 permanent and 10 rotating members
with two year terms elected by the General Assembly
World Bank - Correct Answers -A specialized agency of the United Nations that makes
loans to countries for economic development, trade promotion, and debt consolidation.
Its formal name is the International Bank for Reconstruction and Development.
International Monetary Fund (IMF) - Correct Answers -aims to foster worldwide
economic growth and financial stability.
World Intellectual Property Organization (WIPO) - Correct Answers -established to
promote the protection of intellectual property: patents, copyrights, trademarks, and
industrial design.
UN Commission on International Trade Law (UNCITRAL) - Correct Answers -aims to
harmonize international business law by proposing model legislation on such topics as
international payments and e-commerce.
International Court of Justice (ICJ) - Correct Answers -The judicial branch of the United
Nations.
International Chamber of Commerce (ICC) - Correct Answers -the world's largest global
business organization
Incoterms rules - Correct Answers -A series of three-letter codes used in international
contracts for the sale of goods.
International Court of Arbitration (ICA) - Correct Answers -A forum for international
dispute resolution, run by the ICC.
Descriptive marks - Correct Answers -describe the goods or services or a quality of the
goods or services associated with the mark
Trademark dilution - Correct Answers -The unauthorized use of a distinctive and famous
mark in a way that impairs the mark's distinctiveness or harms its reputation.
Tarnishment - Correct Answers -an association with unwholesome goods or services.
Sovereign immunity - Correct Answers -the courts of one nation lack the jurisdiction
(power) to hear suits against foreign governments.
Foreign Sovereign Immunities Act (FSIA) - Correct Answers -A U.S. statute that
provides that American courts generally cannot entertain suits against foreign
governments.
ANSWERS
treaty - Correct Answers -An agreement between two or more states that is governed by
international law.
bilateral treaty - Correct Answers -a treaty made between two nations
convention - Correct Answers -a treaty on a specific issue that affects all the
participants, like the UN Convention on Contracts for the International Sale of Goods or
the Vienna Convention on the Law of Treaties.
protocol - Correct Answers -an amendment to a treaty
Adopted Treaty - Correct Answers -when those who have drafted it agree that it is in
final form
Ratified Treaty - Correct Answers -when a nation indicates its intent to be bound by it.
To take effect in the United States, treaties must be approved by at least two-thirds of
the Senate.
GATT - Correct Answers -General Agreement on Tariffs and Trade
International Law - Correct Answers -consists of rules and principles that apply to the
conduct of states, international organizations, businesses, and individuals across
borders.
Public international law - Correct Answers -Rules and norms governing relationships
among states and international organizations.
Private international law - Correct Answers -International rules and standards applying
to cross-border commerce.
Secretariat - Correct Answers -The staff of the UN, headed by the secretary-general
, General Assembly - Correct Answers -the UN's lawmaking body
Security Council - Correct Answers -main organ within the UN responsible for
maintaining peace and security; composed of 5 permanent and 10 rotating members
with two year terms elected by the General Assembly
World Bank - Correct Answers -A specialized agency of the United Nations that makes
loans to countries for economic development, trade promotion, and debt consolidation.
Its formal name is the International Bank for Reconstruction and Development.
International Monetary Fund (IMF) - Correct Answers -aims to foster worldwide
economic growth and financial stability.
World Intellectual Property Organization (WIPO) - Correct Answers -established to
promote the protection of intellectual property: patents, copyrights, trademarks, and
industrial design.
UN Commission on International Trade Law (UNCITRAL) - Correct Answers -aims to
harmonize international business law by proposing model legislation on such topics as
international payments and e-commerce.
International Court of Justice (ICJ) - Correct Answers -The judicial branch of the United
Nations.
International Chamber of Commerce (ICC) - Correct Answers -the world's largest global
business organization
Incoterms rules - Correct Answers -A series of three-letter codes used in international
contracts for the sale of goods.
International Court of Arbitration (ICA) - Correct Answers -A forum for international
dispute resolution, run by the ICC.
Descriptive marks - Correct Answers -describe the goods or services or a quality of the
goods or services associated with the mark
Trademark dilution - Correct Answers -The unauthorized use of a distinctive and famous
mark in a way that impairs the mark's distinctiveness or harms its reputation.
Tarnishment - Correct Answers -an association with unwholesome goods or services.
Sovereign immunity - Correct Answers -the courts of one nation lack the jurisdiction
(power) to hear suits against foreign governments.
Foreign Sovereign Immunities Act (FSIA) - Correct Answers -A U.S. statute that
provides that American courts generally cannot entertain suits against foreign
governments.
