Question 1

Which of the following types of law is primarily found in the United States,England,Canada,and other countries once under English influence?

Accepted Answer

Common law is primarily found in the United States, England, Canada, and other countries once under English influence. Common law is based on legal precedents established by court decisions rather than on statutory laws.

Question 2

The United States passed the most stringent green marketing laws that regulate the management and recycling of packaging waste.

Accepted Answer

While the United States has some laws and regulations related to the management and recycling of packaging waste, there are no federal laws specifically focused on green marketing. However, various states and localities have their own laws and regulations in this area.

Question 3

The overriding objective of ___________ is social justice.

Accepted Answer

The answer of The overriding objective of ___________ is social...

Question 4

In Germany,any implied or stated superiority in comparison advertisements is not subject to legal challenges.

Accepted Answer

In Germany, both implied and stated superiority claims in comparison advertisements are subject to legal challenges under the country's unfair competition regulation. The claims made in such ads must be objectively verifiable and based on relevant facts. False or misleading claims can result in legal action, fines, or even imprisonment.

Question 5

Leaving the political boundaries of a home country with a business venture has been interpreted to mean that a company is then exempt from home-country laws because business is not being conducted in that home-country.

Accepted Answer

This statement is false. A company is still subject to the laws of its home country even if it is conducting business abroad. It may also be subject to the laws of the countries in which it is operating.

Question 6

Which of the following forms of law was derived from English law?

Accepted Answer

Common law, also known as case law, originated in England and was developed through judicial decisions over time. It forms the basis of the legal systems in many English-speaking countries, including the United States.

Question 7

Another term for code law is:

Accepted Answer

Code law is a type of civil law that is based on written laws and regulations, rather than on precedent or case law.

Question 8

Civil or code law was derived from which of the following?

Accepted Answer

Civil or code law is derived from Roman law, also known as civil law, which developed in ancient Rome and served as the basis for many legal systems in modern Europe and Latin America.

Question 9

___________ is considered complete as a result of catchall provisions found in most of this type of law's system.

Accepted Answer

Code law systems typically have catchall provisions that allow for comprehensive coverage of all legal issues, making them considered complete. Common law and Islamic law are not always complete and Marxist-socialist tenets are not a legal system. Legal tradition is a broad term that can refer to multiple legal systems, some of which may not be considered complete.

Question 10

If law is founded on tradition,past practices,legal precedents set by the courts through interpretations of statutes,legal legislation,and past rulings,it is called:

Accepted Answer

Common law is a legal system based on precedent and past judicial decisions, rather than on statutory laws. It relies heavily on tradition, past practices, and legal rulings to guide its decision-making process.

Question 11

U.S.firms,their subsidiaries,or foreign firms that are licensees of U.S.technology cannot sell a product to a country in which the sale is considered by the U.S.government to affect national security.

Accepted Answer

This statement reflects the rules and regulations of the U.S. government's export controls, which restrict the sale of certain products to countries that are deemed to pose a national security threat. Such regulations apply to U.S. firms and their subsidiaries or foreign firms that are licensees of U.S. technology.

Question 12

The basis for which of the following is tradition,past practices,and legal precedents set by the courts through interpretations of statutes,legal legislation,and past rulings?

Accepted Answer

Common law is based on tradition, past practices, and legal precedents set by the courts through interpretations of statutes, legal legislation, and past rulings.

Question 13

In general,U.S.firms are allowed to participate in foreign-based boycotts as long as the U.S.firm can demonstrate that they would loose business in the foreign country if they did not participate in the boycott.

Accepted Answer

U.S. firms are prohibited from participating in foreign-based boycotts, regardless of the potential loss of business. This prohibition is part of U.S. anti-boycott laws, which are aimed at combating efforts to isolate or discriminate against certain countries or individuals based on their national origin, religion, or other protected characteristics. U.S. firms that violate these laws can face civil and criminal penalties, including fines, imprisonment, and loss of export privileges.

Question 14

A creative non-traditional way for companies with intellectually property to make money in China is to employ the oldest strategy of all,i.e.,charging what the market will bear.

Accepted Answer

This statement suggests that companies with intellectual property can charge higher prices based on market demand in China, which is a non-traditional way to make money.

Question 15

The U.S.Foreign Corrupt Practices Act (FCPA)makes it illegal for companies to pay bribes to foreign officials,candidates,or political parties.

Accepted Answer

The statement is true. The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits companies from bribing foreign government officials, political parties, and candidates for the purpose of obtaining or retaining business.

Question 16

Which of the following is based on an all-inclusive system of written rules of law that is generally divided into commercial,civil,and criminal sections?

Accepted Answer

A system of written rules of law that is generally divided into commercial, civil, and criminal sections is known as code law. This system is based on an all-inclusive set of laws that cover different areas of life and is used in several countries worldwide. Common law, on the other hand, relies on precedents and past decisions made by judges to form the basis of law, while Islamic law is based on the teachings of the Quran and Hadith. Marxist-socialist tenets are ideologies based on the political and economic theories of Marx and Engels, while legal tradition refers to a society's customs, values, and beliefs regarding laws and regulations.

Question 17

Many countries have modeled their antitrust laws after U.S.laws.

Accepted Answer

Many countries, including European Union member states, Japan, and South Korea, have antitrust laws that are modelled after the U.S. antitrust laws, specifically the Sherman Antitrust Act and the Clayton Antitrust Act.

Question 18

One of the purposes of U.S.antitrust legislation is to protect American export and investment opportunities against any privately imposed restrictions.

Accepted Answer

One of the primary objectives of U.S. antitrust legislation is to promote fair competition and prevent monopolies, which can limit export and investment opportunities. By preventing companies from imposing restrictions on other businesses, the antitrust laws help safeguard American commerce and trade.

Question 19

Which of the following countries has ownership of IP rights established by prior use-whoever can establish first use is typically considered the rightful owner?

Accepted Answer

The United States has a first-to-use system for establishing ownership of IP rights. This means that whoever can prove they used the intellectual property first is typically considered the rightful owner, rather than the first person to file for a patent or trademark.

Question 20

The _________ of a legal system profoundly affects how the law is written,interpreted,and adjudicated.

Accepted Answer

The foundation of a legal system is the underlying basis or principle upon which the system is built, influencing how laws are created, interpreted, and enforced.

Quiz 7: The International Legal Environment: Playing by the Rules