1.

202110_GB_0301_Legal Environment Business I_51_INET

 
2. Chapter 7
 
3. Chapter 7 Agenda - After reviewing the agenda - CLICK HERE to access the weekly material
 
4. Take Test: Chapter 7 Test

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202110_GB_0301_Legal Environment Business I_51_INET
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 Course Information
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 Week 1 - Jan 18-21
 Chapter 1
 Week 2 - Jan 25-28
 Chapter 2
 Chapter 3
 Week 3 - Feb 1-4
 Chapter 8
 Chapter 9
 Week 4 - Feb 8-11
 Chapter 12
 Chapter 13
 Week 5 - Feb 15-18
 Chapter 14
 Chapter 15
 Week 6 - Feb 22-25
 Chapter 16
 Chapter 17
 Week 7 - March 1-4
 Chapter 18
 Chapter 19
 Week 8 - March 8-11
 Chapter 20
 Chapter 21
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 Week 9 - March 18
 Mid term Exam
 Week 10 -Mar 29-April 1
 Chapter 22
 Chapter 23
 Week 11 - April 5-8
 Chapter 24
 Chapter 25
 Week 12 - April 12-15
 Chapter 26
 Chapter 27
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 Week 13 - April 19-22
 Chapter 7
 Chapter 28
 Week 14 - April 26-29
 Chapter 29
 Chapter 30
 Week 15 - May 3-6
 Chapter 31
 Chapter 34
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 Week 16 - May 13
 Final Exam
Take Test: Chapter 7 Test
 
Test Information
Description

Instructions:

1. Click "click to launch" link above

2. Click the "Begin" button
3. After you have finished the Exam make sure you click the "submit" button
THIS IS AN OPEN BOOK TEST AND CAN BE TAKEN AS MANY TIMES AS YOU
WANT TO TAKE IT. YOUR HIGHEST SCORE WILL BE RECORDED.

Instructions
Timed Test This test has a time limit of 5 minutes.This test will save and submit automatically when the time
expires.
Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain.
Multiple This test allows multiple attempts.
Attempts
 Force This test can be saved and resumed at any point until time has expired. The timer will continue to run if
Completion you leave the test.
Your answers are saved automatically.

Remaining Time:

 1 minute, 58 seconds.

 Question Completion Status:

QUESTION 1
1. A letter of credit agrees to provide the seller
with needed currency exchanges when
transactions with foreign buyers occur.
 True
 False

1 points   
QUESTION 2
1. A societé anonyme is the European
counterpart of a U.S. corporation.
 True
 False

1 points   
QUESTION 3
1. Which is a correct statement about arbitration
of contractual disputes regarding international
trade?
2.
It is done in court.
There is extensive judicial review of the decision.
Parties frequently arbitrate in neutral countries.
It is not available in disputes of more than $1 million.
1 points   
QUESTION 4
1. Law is the result of the desire of the lawmaker
to achieve certain goals.
 True
 False

1 points   
QUESTION 5
1. A direct sale to customers in a foreign country
is a(n):
2.
foreign distributorship.
agency arrangement.
licensed sale.
 export sale.
1 points   
QUESTION 6
1. When a U.S. trademark holder licenses a
foreign business use of its trademark
overseas and a third party imports these
goods into the United States to compete
against the U.S. manufacturer's goods, the
foreign-made goods are called ____ goods.
2.
"gray market"
counterfeit
specially-licensed
dumped goods
1 points   
QUESTION 7
1. Under GATT, the principle of trade without
discrimination is embodied in the most
favored nation clause.
 True
 False

1 points   
QUESTION 8
1. Which of the following is true regarding export
regulations?
2.
Valid reasons for controlling the export of goods include national security,
foreign policy, or short supply.
The U.S. has recently implemented a system of granting export licenses that is
designed to differ from that used by the EU.
Only civil, not criminal, sanctions apply to those who violate export control
regulations.
Only governments, not individuals, are held liable when goods are exported that
might be used for improper defense purposes.
1 points   
QUESTION 9
1. Which country is NOT a part of The North
American Free Trade Agreement (NAFTA)?
2.
Mexico.
United States
Canada.
Greenland
1 points   
QUESTION 10
 1. Blocking laws prohibit the disclosure, copying,
inspection, or removal of documents located
in the territory of the enacting country in
compliance with orders from foreign
authorities.
 True
 False

1 points   

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