M 266

subject Type Homework Help
subject Pages 3
subject Words 487
subject Authors Don Mayer, Michael Bixby, Ray A. August

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1) A national multinational enterprise is the one in which a parent firm established in
one country establishes wholly owned branches and subsidiaries in other countries.
2) The doctrine of imputability does not make the state liable for an act of terrorism
committed by its nationals against foreigners.
3) In Germany, foreign law is regarded as a factual issue that the parties must prove in
the same way they prove any fact.
4) The special list compiled by the Conference Committee of the ILO consists of the list
of those member states that have entered into free trade agreements with some other
states.
5) If a vessel is sold, the lien goes with the ship, even if the new owner is unaware of its
existence.
6) The Universal Declaration of Human Rights protects laborers from being compelled
to join an association.
7) Bank deposits made by individuals cannot be commingled by the bank for its own
use.
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8) Only members of the IMF can become members of the World Bank.
9) A safeguard is an emergency action that a WTO member state may take in order to
protect its domestic industry from serious injury due to a sudden increase in the
quantity of an imported product.
10) The first modern international monetary system was the Special Drawing Right of
the IMF.
11) All restrictive endorsements prevent the further transfer or negotiation of a bill or
note.
12) Product liability laws are part of the federal laws in the United States.
13) The contract of carriage between a charterer and a shipowner is the charterparty.
14) The operation of GATS is overseen by WTOs Council for Trade in Services.
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15) Nonactionable subsidies are also known as yellow subsidies.
16) The Universal Declaration of Human Rights proclaims that every individual has the
right to own a passport.
17) According to the Sinecure Clause, an investor who seeks to establish a business
operation in a foreign country should agree, in advance, that he, she, or it will not ask
for its home state to intervene in any dispute with the host state.
18) Deductive value is the customs value of imported goods that is based on the price
actually paid or payable for goods at the time they were sold for export.

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