International Business Chapter 006 Arbitration Often Preferred Foreign Litigants The

subject Type Homework Help
subject Pages 9
subject Words 1315
subject Authors Donald Ball, Jeanne McNett, Michael Geringer, Michael Minor

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ethics; and accounting.
Topic: Laws Affecting International Business
87.
Arbitration is
88.
In Japan, anti-trust legislation
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Trade obstacles can take the form of
90.
Japan has established trade barriers in the form of tariffs against
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U.S. responses to foreign tariffs are likely to
92.
One area of U.S. tort cases of concern to international businesses is that they
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Strict liability requires
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Punitive damages are found
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In Japan, product liability requires that
96.
Miscellaneous foreign laws can cause difficulties for the uninformed businessperson
because
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The intent of the Foreign Corrupt Practices Act is to
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In U.S. accounting law, the Sarbanes-Oxley Act
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99.
The three main approaches to law are
100.
If you are an international businessperson arrested and taken into custody in a foreign
country, the best approach is to
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The source of most international law is
102.
The legal system of a country is
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103.
Civil law is based on
104.
In Sharia law, interest is forbidden
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105.
A company from a Sharia-based legal system
Fill in the Blank Questions
106.
__________ describes the set of rules nations have agreed to follow to help set the context
for stable relationships among nations.
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107.
International law comes from several sources, the most important of which are bilateral
and multilateral ___________ between nations.
108.
Many countries try to enforce their laws outside their borders, a process known as
____________ application of laws.
109.
The ______ Tort Statute allows some non-U.S. nationals to file lawsuits in U.S. courts for
alleged violations of international law, including human rights violations.
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110.
An alternative to settling an international dispute in a U.S. court is to use ____________.
111.
The Canadian company Research in Motion settled a dispute with a U.S. citizen over the
use of the word ______________ via arbitration.
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112.
Predefined commercial terms established by the International Chamber of Commerce are
known as __________.
113.
A creative work or invention that is protectable by patents, trademarks, trade names,
copyrights, and trade secrets is known as __________.
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The _____________, according to Lawrence Lessig, is the place intellectual property is least
respected.

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