IET Final Exam Part 1 questions with
complete solutions passed
4 core questions you must address when analyzing the 3 world zones - correct answer ✔✔
Common principles
- what are the common principles among the major international agreements and treaties
Common issues
- which are primary legal and business issues necessary to address regardless of territory
Challenges and conflicts
- what are the cultural divides, is IP rights recognized/enforced, is freedom of expression
recognized, is censorship practiced?
State of world entertainment industry
- what is the state/status of the main revenue producing entertainment sector(s) worldwide?
What is the process of pioneering entrepreneurship and international relations? (7 steps) -
correct answer ✔✔ 1. research place, people, and idea
2. development of precise mission
3. relationship formation for territory
4. creation of entity/vehicle for mission
5. formal documentation
6. execution of mission
7. follow up and maintenance
The 2 main ways that international law is created is via: - correct answer ✔✔ 1. agreements
(treaties and conventions)
2. practice (custom)
, The ______ is the principal judicial organ of the United Nations. It was established in
___________ by the Charter of the UN and began work in April 1946. It's official languages are:
- correct answer ✔✔ International Court of Justice (ICJ)
June 1945
English and French
Where is the seat of the ICJ located? What makes it different from the other five principal
organs of the UN? - correct answer ✔✔ - the Peace Palace in The Hague, Netherlands
- It is the only organ not located in NY, U.S.A
What is the role of the ICJ? - correct answer ✔✔ To deal with legal disputes between member
states, often around issues of sovereignty/borders - in theory its decisions are binding, and
failure to comply can be referred to the UNSC for enforcement
The ICJ is composed of _______ judges who are elected for terms of office of ______ years by
the __________ and the __________. - correct answer ✔✔ 15 judges
9 year terms
United Nations General Assembly and the Security Council
What is the administrative organ of the ICJ? - correct answer ✔✔ a registry
________ is a United Nations Organization established to promote innovation and creativity for
the economic, social and cultural development of all countries, through a balanced and effective
international intellectual property system - correct answer ✔✔ WIPO: World Intellectual
Property Organization
What 4 ways does WIPO promote the development and use of IP? - correct answer ✔✔ 1.
services
complete solutions passed
4 core questions you must address when analyzing the 3 world zones - correct answer ✔✔
Common principles
- what are the common principles among the major international agreements and treaties
Common issues
- which are primary legal and business issues necessary to address regardless of territory
Challenges and conflicts
- what are the cultural divides, is IP rights recognized/enforced, is freedom of expression
recognized, is censorship practiced?
State of world entertainment industry
- what is the state/status of the main revenue producing entertainment sector(s) worldwide?
What is the process of pioneering entrepreneurship and international relations? (7 steps) -
correct answer ✔✔ 1. research place, people, and idea
2. development of precise mission
3. relationship formation for territory
4. creation of entity/vehicle for mission
5. formal documentation
6. execution of mission
7. follow up and maintenance
The 2 main ways that international law is created is via: - correct answer ✔✔ 1. agreements
(treaties and conventions)
2. practice (custom)
, The ______ is the principal judicial organ of the United Nations. It was established in
___________ by the Charter of the UN and began work in April 1946. It's official languages are:
- correct answer ✔✔ International Court of Justice (ICJ)
June 1945
English and French
Where is the seat of the ICJ located? What makes it different from the other five principal
organs of the UN? - correct answer ✔✔ - the Peace Palace in The Hague, Netherlands
- It is the only organ not located in NY, U.S.A
What is the role of the ICJ? - correct answer ✔✔ To deal with legal disputes between member
states, often around issues of sovereignty/borders - in theory its decisions are binding, and
failure to comply can be referred to the UNSC for enforcement
The ICJ is composed of _______ judges who are elected for terms of office of ______ years by
the __________ and the __________. - correct answer ✔✔ 15 judges
9 year terms
United Nations General Assembly and the Security Council
What is the administrative organ of the ICJ? - correct answer ✔✔ a registry
________ is a United Nations Organization established to promote innovation and creativity for
the economic, social and cultural development of all countries, through a balanced and effective
international intellectual property system - correct answer ✔✔ WIPO: World Intellectual
Property Organization
What 4 ways does WIPO promote the development and use of IP? - correct answer ✔✔ 1.
services
