Business Law - Chapter 19: International Law

An export tax imposed by Congress would be unconstitutional.

F

Under the principle of comity, a domestic court will not examine the validity of any act committed by a foreign government within the court's jurisdiction.

F

A U.S. court will likely uphold a contract created in the United Kingdom because the U.K.'s laws are generally compatible with those of the United States.

T

International law is formed as result of international customs, treaties, agreements, and organizations.

T

Only private citizens and not governments may mine asteroids

T

Sovereign nations agree to be governed by international law to facilitate trade, commerce, and civilized discourse.

T

Airbud Corporation, a U.S. firm, signs a contract with Bueno Computadores Ltd., an Argentinean firm, for a shipment and payment for Airbud's goods. This is? licensing. direct exporting. a distribution agreement. indirect exporting.

direct exporting.

Coffee Company, a U.S. firm, owns property in the Dominican Republic. When the Dominican government seizes the property, the company asks a U.S. court to order the property's return. The court rules that the Dominican Republic is exempt from the court's jurisdiction. This is an application of? the principle of comity. a coercive action. the doctrine of sovereign immunity. the act of state doctrine.

the doctrine of sovereign immunity.

Mexico is likely to defer and give effect to the laws and judicial decrees of the United States as long as? all of the choices. poorer countries admire and envy richer nations. smaller countries fear and are intimidated by more powerful nations. the laws and decrees are consistent with Mexican law and public policy.

the laws and decrees are consistent with Mexican law and public policy.