Legal Environment in International Business

Legal Environment in International Business

University

10 Qs

quiz-placeholder

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Legal Environment in International Business

Legal Environment in International Business

Assessment

Quiz

Business

University

Hard

Created by

Syerie Noer Hidayaty Muhamad Basir

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the main purpose of international business law?

To protect domestic businesses.

To regulate cross-border transactions.

To establish trade monopolies.

To control international currency.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which legal system is most common in the world and is based on comprehensive written laws or codes?

Common law

Civil law

Theocratic law

Customary law

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which type of legal system are court decisions considered a primary source of law?

Common law

Civil law

Religious law

Bureaucratic law

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the legal process in which a business is granted exclusive rights to produce and sell a product?

Licensing

Franchising

Patent

Merger

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization is responsible for settling trade disputes between nations?

International Monetary Fund (IMF)

World Bank

United Nations

World Trade Organization (WTO)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a form of intellectual property?

Patent

Copyright

Trademark

Tariff

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following international laws deals with issues such as pollution and resource exploitation?

Environmental law

Contract law

Corporate law

Labor law

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