
Legal Environment in International Business

Quiz
•
Business
•
University
•
Hard
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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