Under U.S. law, in international contracts, the parties can agree on how and where their disputes will be resolved and which law will apply, as long as the place and the law selected bear some relationship to the nature of the contract and its place of performance. True or False?

Q: Trading has little to do with the economy. True or false

A: Condition of an economy depends on various factors. One of the important factors is Trading. Trading…

Q: Protecting automobile manufacturers from international competition is often about protecting the…

A: Tariff and quota are two most sought-after policies adopted by the government when it comes to…

Q: would a small business choose to license its products in other countries

A: Licensing can end up being exceptionally worthwhile whenever instituted accurately. Licensing is for…

Q: is an example of procedural unconscionability?

A: Example of procedural unconsciousnability are :-    But above answer is :- Pressuring the other…

Q: When entering a foreign market, you might have to choose a business partner. Describe the process of…

A: Foreign Market The company is a market abroad. Selling in foreign markets involves interacting with…

Q: Which of the following statements is true A. express terms are given less weight than the course of…

A: The answer is - C. Express terms are given more weight than course of performance by the parties.

Q: Which of the following most accurately describes the Spanish foreign trading policies? OPTIONS: (i)…

A: Foreign trading: Global exchange is the trading of capital, products, and administrations across…

Q: Name and briefly explain (including examples where possible) the sources of International Law.

A: International Law helps in the promotion of justice,  peace and prosperity all around the world.

Q: Suppose the marginal benefit of writing a contract is $100 and the marginal cost of that contract is…

A: Marginal benefit is the additional benefit that a person derives from consuming/producing one more…

Q: Explain why a US Company should consider hiring offshore talent from your country?

A: human capital is the most significant resource for any countries which contributes in the growth and…

Q: An agreement may be unenforceable because one party misrepresented a fact important to the bargain.…

A: At the marketplace, there are various types of agreement made between the parties according to their…

Q: n a U.S. employer does business abroad, whose laws govern the business?   a)only U.S. law that has…

A: The U.S. company is impacted by the political and legal environment if the country in which it…

Q: 11 b. Assume that the market price in the short run is P = $11, Giyen the way YOU drew With the…

A: Long run average cost, or LRAC, is referred to the cost for an unit of output when all the factors…

Q: Discuss the Berne Convention agreement on intellectual property.

A: Intellectual property is ownership of images, ideas or concepts which grant exclusive rights for use…

Q: 1. Consider a two-person, two-commodity, pure exchange economy with: Un = giga, Un =q12, 911…

A: The contract curve is defined as that part of the Pareto set where both consumers do at least as…

Q: State the general rule with respect to effectivity of contracts. What are the exceptions, if any.…

A: General Rule in Respect to contract Contracts can be made informally in most circumstances; most…

Q: Which of the following modes of entry into foreign markets can result in a lack of control over…

A: When venturing into foreign markets, businesses must carefully consider their entry strategy to…

Q: Identify four major crude oil traders in the world and the percentage of the market share.

A: Oil corporations deliver billions of barrels of oil products daily to fuel transportation and…

Q: Compare the advantages and disadvantages of various modes of entering foreign markets.

A: When a domestic organization wishes to do foreign business, the best form of entry must be…

Q: Is product liability a legal concept that is standardized across nations? Intellectual property?

A: Product viability refers to a software product's ability to sustain itself or recover its potential.…

Q: ► Money and Banking • What is money • Money creation: banking system, Central Bank, Money multiplier…

A: Money Money is a medium of exchange that is widely accepted in transactions for goods, services, or…

Q: Are their any copyrights, trademarks, patents, or trade secrets needed to consider for an e-commerce…

A: The objective of the question is to understand the intellectual property considerations for an…

Q: Explain contracts as one of important sources of Bahrain commercial law

A: Commercial law refers to the rule that deals with various matters relating to business and trade…

Q: explain the strategic trade theory  and with an aid of an example of industry of choice. motivate…

A: It is a basic economic term for a buyer to pay a seller to buy or sell goods or services, or to…

Q: Rice Corporation offers to sell Sushi Restaurants, Inc., five hundred bushels of rice. Sushi…

A: The term acknowledgment is a thing with different various implications. An express demonstration or…

Q: What are the main criticisms of investor-state arbitration? Have these criticisms been adequately…

A: Investor-state dispute resolution or ISDS, is a process that allows foreign investors to settle…

Q: Q1. What is a void contract? A contract that is not legally binding. A contract that is enforceable…

A: A void contract is a contract that is not enforceable by law.

Q: Describe major trade and transaction theories of the firm in international markets.

A: The international trade is an important aspect of the global economy as it is a  major contributing…

Q: Building materials company wants to expand its business in Iran. What mode of entry should be used…

A: A corporate worldwide extension technique can be considered as a partnership's conventional…

Q: What does the phrase "piercing the corporate veil" mean? When might the corporate veil be pierced?

A: Corporate veil is the way through which the corporates escape from the law after performing an…

Q: Exchange Rates • Demand and supply for currencies • Exchange rates and prices • Exchange rates and…

A: An exchange rate is a cost of changing one currency into another between nations or economic zones.…

Q: ul and unsuccessful internatio

A: Following are the Example of mergers and acquisitions  • Transaction between InBev and Anheuser…

Q: True or false Pioneering costs arise when the foreign business system is so different from that in…

A: Cost is defined as the expense which is incurred by a firm for producing a service or a good.

Q: produce a discussion paper for a group exercise with other candidates which analyses the…

A: The cultural and regulatory diversity of international markets can present both challenges and…

Q: Classics by Cathy is a United States company that sells upscale clothing worldwide. Classics sells…

A: Classics by Cathy Is a United States company that sells upscale clothing worldwide. Classics sells…

Q: Outline eight offenses that could be committed by foreign companies and their officers

A: Economic Offenses are a distinct kind of criminal offense. Economic crimes not only cause financial…

Q: What is the importance of studying law in tourism and hospitality?

A: Resorts, restaurants, tourist spots and destinations, airlines and other modes of transportation are…

Q: The Clayton Act prohibits “all contracts, combinations and conspiracies in restraint of trade.” true…

A: The Clayton Antitrust Act, passed in 1914, continues to control U.S. business practices…

Q: Unilateral agreement is a commerce treaty that benefits that one country only and is open for…

A: There are two types of agreements between countries or parties, unilateral and bilateral.