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Which of the Following Is False Regarding Insurance and the International

Question 56

Multiple Choice

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.

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