PGEM1 Cl. 03 MIB Fall 2020 International Business Law Midterm test
Q.1 – International Business Law is based on :
– International trade organizations
– Trade practices and customs
– Trade Law principles only
Q.2 – The international group Robot 1, with a registered office in China, would like to find partners in Canada, Mexico, India, New Zealand, Kenya, Argentina, Russia, Chile, Russia, Saudi Arabia and Senegal to develop a new range of robots for domestic purpose. Can we consider these markets as interesting places for flexible commercial rules and low customs tax opportunities? What could be the role of the United Nations in the project?
Q.3 – The Common Law system :
– Only applies in UK and Commonwealth
– Is mainly oral
– Is not codified as Civil Law
Q.4 – The group Marmara, based in Turkey, having produced the first intelligent electronic robot to provide permanent assistance to disabled people, would like to know if it is necessary to consider the national legal system of each distributor before concluding distributorship agreements in Greece, Poland, Italy, Sweden and Portugal ? What advice could you also give to Marmara to protect its concept ?
Having received an offer from FedHealth, an Anglo-Saxon company importing medical equipment in UK and the USA, Marmara would like to know what could be the specific legal aspect of both markets?
Q.5 – W.T.O. :
– Prevents human discrimination in developing countries
– Is the arbitration court of the United Nations
– Harmonizes tariff and trade policies
Q.6 – Before concluding different contracts and exporting from China, Robot 1 wants to know if it would be possible to share commercial risks in advance with the different importers and how to settle potential disputes ? Could you recommend some ways to negotiate a standard type of international contract, including standard clauses?
Q.7 NAFTA :
– applies to manufactured goods only
– is regulated by W.T.O.
– is similar to E.U. system
Q.8 Explain how Public and Private business laws can apply to international contracts
of sale of goods?
Q.9 What are the legal specificities of the African and Asian markets?
Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.
[order_calculator]