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To obtain a contract with the Chinese government,Road & Bridge Corporation,a U.S.firm,gives a Chinese official a sport utility vehicle.This may violate


A) the act of state doctrine.
B) the doctrine of sovereign immunity.
C) the Foreign Corrupt Practices Act.
D) the principle of comity.

E) All of the above
F) A) and C)

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According to the Foreign Sovereign Immunities Act,a foreign state that waived its immunity by implication is subject to the jurisdiction of the U.S.courts.

A) True
B) False

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Optima Medico Corporation,a U.S.firm,signs a contract with Pharma Beneficial,Ltd. ,a Canadian firm,to give Pharma the right to sell Optima's products in Canada.This is


A) a distribution agreement.
B) a joint venture.
C) direct exporting.
D) licensing.

E) A) and B)
F) All of the above

Correct Answer

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Suisse Internationale,a Swiss maker of athletic equipment,enters into a price fixing agreement with Team Sports,a U.S.wholesaler of Suisse's products.U.S.courts will apply U.S.antitrust laws if


A) the agreement was made in Switzerland.
B) the agreement was made in the United States.
C) the price fixing has a substantial effect on U.S.commerce.
D) the Swiss government agrees to be sued in the United States.

E) None of the above
F) A) and B)

Correct Answer

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World Sports Corporation is a U.S.firm with a facility in Spain.Generally,World Sports must abide by U.S.anti-discrimination laws in Spain


A) under any circumstances.
B) under no circumstances.
C) unless to do so would contravene the cultural norms of Spain.
D) unless to do so would violate the law of Spain.

E) A) and D)
F) A) and C)

Correct Answer

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Venezuela seizes the assets of World Oil,Inc. ,a U.S.firm.World Oil's recovery from Venezuela in a U.S.court may be prevented by


A) the act of state doctrine.
B) the World Trade Organization.
C) the Central American Free Trade Agreement.
D) the principle of comity.

E) All of the above
F) B) and D)

Correct Answer

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Mont Blanc S.A. ,a French firm,imports its goods into the United States and offers those goods for sale at "less than fair value." "Fair value" is the price of Mont Blanc's goods in


A) the European market.
B) France.
C) the United States.
D) the world market.

E) B) and C)
F) A) and D)

Correct Answer

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Sofia,a citizen of Chile,and Trent,a citizen of the United States,enter into a contract.When Trent breaches the contract,Sofia obtains an award of damages in a Chilean court.She asks a U.S.court to enforce the award.The U.S.court defers to and enforces the Chilean court's decree.This is


A) a travesty of justice.
B) the act of state doctrine.
C) the doctrine of sovereign immunity.
D) the principle of comity.

E) B) and D)
F) All of the above

Correct Answer

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Global Industries Corporation owns assets in Kazakhstan,a country in Asia.The government of Kazakhstan wants to nationalize all assets owned by foreign firms and investors.What can Global Industries do? Can it at least obtain payment for the assets?

Correct Answer

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If a government decides to seize propert...

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A foreign state is immune from the jurisdiction of U.S.courts as long as the state is involved in commercial activity in the United States.

A) True
B) False

Correct Answer

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Bango! Business,Inc. ,a U.S.firm,may have committed,in Chile,acts that would constitute,in the United States,violations of U.S.antitrust laws.These laws apply


A) extraterritorially.
B) only to signatories of the North American Free Trade Agreement.
C) only to members of the World Trade Organization.
D) only within U.S.borders.

E) B) and D)
F) C) and D)

Correct Answer

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Under the Foreign Sovereign Immunities Act,a foreign state can be a political subdivision of a foreign state.

A) True
B) False

Correct Answer

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Business Universal Corporation,a U.S.firm,establishes a wholly owned subsidiary firm in Brazil.In this situation,Business Universal retains complete control and authority over


A) all of the operation.
B) only the part of the operation in the United States.
C) none of the operation.
D) about half of the operation.

E) All of the above
F) A) and C)

Correct Answer

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The act of state doctrine provides that the executive branch of one country will not examine the validity of public acts committed by a recognized foreign government within its own territory.

A) True
B) False

Correct Answer

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The Outer Space Treaty provides that a nation retains jurisdiction over objects on its space registry that are launched into space.The treaty also prohibits interference with space activities.In effect,these provisions


A) ban the national appropriation of territory in space.
B) protect property rights with respect to private space activities.
C) assert sovereignty over celestial bodies.
D) declare exclusive international jurisdiction over space locations.

E) A) and D)
F) A) and C)

Correct Answer

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Retail Operations,Inc. ,a U.S.firm,obtains a judgment in a U.S.court against Shinobu,Ltd. ,a Japanese business.Whether the court's judgment will be enforced by a court in Japan depends on the Japanese court's application of


A) the act of state doctrine.
B) the doctrine of sovereign immunity.
C) the principle of comity.
D) the World Trade Organization.

E) All of the above
F) None of the above

Correct Answer

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Firms overseas have almost total legal protection against government acts in the countries in which they operate,under the act of state doctrine.

A) True
B) False

Correct Answer

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Hong Ltd. ,a Chinese firm,imports its goods into the United States and offers those goods for sale at "less than fair value." This is​


A) confiscation.
B) defalcation.
C) dumping.
D) expropriation.

E) A) and B)
F) A) and C)

Correct Answer

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Munchies Bistro Corporation,a U.S.firm,signs a contract with Manger au Brasserie,S.A. ,a French firm,to give Manger the right to use Munchies's trademark in restaurants in France.This is


A) a distribution agreement.
B) a joint venture.
C) direct exporting.
D) licensing.

E) A) and C)
F) A) and B)

Correct Answer

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Under the principle of comity,all foreign governments are subject to all U.S.laws.

A) True
B) False

Correct Answer

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