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International Business Law
Quiz 2: International Law and the World's Legal Systems
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Question 1
True/False
According to the Statute of the International Court of Justice,the court shall look to conventions establishing rules expressly recognized by the contesting states.
Question 2
True/False
A treaty between three countries is said to be trilateral.
Question 3
True/False
Pacta sunt servanda means that every treaty in force is binding upon the parties to it and must be performed by them in good faith.
Question 4
True/False
The United States belongs to the Organization for Economic Cooperation and Development.
Question 5
True/False
A code of conduct is a set of principles that guide people's behavior and actions when communicating with others via the Internet and social media.
Question 6
True/False
The jurisdiction of the International Court of Justice upon its members in a dispute is compulsory.
Question 7
True/False
International business law draws from both public and private law as related to business transactions.
Question 8
True/False
A self-executing treaty is one that automatically creates rights that are enforceable in the courts of a contracting nation,without any further legislative action.
Question 9
True/False
Because international law is not dictated by any one legislative body,it is lawmaking by choice and by consent.
Question 10
True/False
In a common law system,the judge has the power to control the conduct of the trial and empowered with authority to examine witnesses and demand tangible evidence from the plaintiff and defendant.
Question 11
True/False
One reason international business law still retains a "national" character is that national attitudes toward economics affect attitudes toward law and regulation.
Question 12
True/False
Moral conduct is the preeminent concern in Islamic law.
Question 13
True/False
The two classifications of national legal systems are civil law countries and common law countries.
Question 14
True/False
Many of today's international business law concepts are derived from the law merchant and maritime law,which are the accepted customs and practices of Renaissance-era merchants,traders,bankers,mariners,and ship owners.