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Exam 24: International and Space Law

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Question 21

True/False

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U.S. laws that prohibit discrimination in employment apply to U.S. employees working for U.S. firms located abroad.

A) True
B) False

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Question 22

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A party to a licensing agreement generally agrees to pay royalties on some basis.

A) True
B) False

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Question 23

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A treaty is a contract or other agreement between two or more nations that must be ratified by the United Nations to take effect.

According to the Foreign Sovereign Immunities Act, a foreign state that waived its immunity by implication is subject to the jurisdiction of the U.S. courts.

Restrictions on imports include tariffs.

The management of Sport Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own production facility in a foreign country or entering into a licensing agreement with a foreign firm. What are the advantages and disadvantages of each of these courses of action?

The United States taxes each barrel of imported oil at a flat rate. This is

Munchies Bistro Corporation, a U.S. firm, signs a contract with Manger au Brasserie, S.A., a French firm, to give Manger the right to use Munchies's trademark in restaurants in France. This is

Under the principle of comity, all foreign governments are subject to all U.S. laws.

The doctrine of sovereign immunity can immunize a foreign nation from the jurisdiction of U.S. courts.

The act of state doctrine provides that the executive branch of one country will not examine the validity of public acts committed by a recognized foreign government within its own territory.

A foreign state is immune from the jurisdiction of U.S. courts as long as the state is involved in commercial activity in the United States.

The Outer Space Treaty provides that a nation retains jurisdiction over objects on its space registry that are launched into space. The treaty also prohibits interference with space activities. In effect, these provisions

The basis for India to give effect to the laws and court decisions of the United States is primarily

Renew Energy Company, a U.S. firm, and Seawater Petro, a Dutch firm, enter into a contract that includes an arbitration clause. This clause must provide that the arbitrator will be

The primary goal of the North American Free Trade Agreement is to eliminate tariffs among the United States, Canada, and Mexico.

Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of Deep Mining Company, a U.S. firm. To seek redress for their injuries in a U.S. court, these citizens can

The chief aim of the World Trade Organization is to minimize trade barriers among its members.

Northwest Resources, Inc., and Midwest Commodities Corporation are exporting firms that join together to export a line of products. Northwest Resources and Midwest Commodities apply to Commerce Bank for a loan to fund their effort. Under federal law, Commerce and other U.S. banks are

Significant business develops in Spain for Graphic Comix, Inc., a U.S. firm. Graphic Comix appoints Comicas Graphico, Ltd., a Spanish firm, to act as Graphic Comix's marketing representative in Spain. This is