Which of the following is false regarding insurance and the international sale of goods?
A) Manufacturers typically have insurance only in their home country because, under international law, the home country's law would be applied in the event of disputes.
B) Product liability awards may vary in amount from country to country.
C) Complications may arise from having insurance companies in several different countries.
D) A manufacturers in Germany, for example, could seek insurance through a German insurance company regardless of where its products are shipped.
E) Today, manufacturers are likely to have an insurance company in every country to which they ship goods.
Correct Answer:
Verified
Q47: Which of the following types of insurance
Q51: Property of Mary is damaged in a
Q52: Which of the following is true regarding
Q53: Which of the following is a term
Q55: Which of the following is true regarding
Q57: Which of the following types of insurance
Q58: Which of the following is true regarding
Q59: Which of the following,if any,will ABC Insurance
Q60: Which of the following types of life
Q84: What is meant by an antilapse clause,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents