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A country's right to hear cases stemming from crimes committed against their own citizens by non-citizens outside of its territory is referred to as: A.

A country's right to hear cases stemming from crimes committed against their own citizens by non-citizens outside of its territory is referred to as:

A.Protective jurisdiction.

B.Passive personality.

C.Universal jurisdiction.

D.Extraterritoriality.

The International Court of Justice, which sits in the Hague, hears cases:

A.Involving international law disputes between countries.

B.Involving international law disputes between countries and terrorism.

C.War crimes and crimes against humanity.

D.Relating to genocide and war crimes.

E.Involving international law disputes between countries, terrorism, and drugs.

Once an international treaty is signed and it bestows rights on individuals those individuals will find it easier to exercise those rights if the state signing the treaty operated under:

A.Both a monist and a dualist system of incorporation equally.

B.Where the country signing the treaty is a member of the United Nations.

C.A monist system of incorporation.

D.The country signing the treaty is a member of the commonwealth.

E.A dualist system of incorporation.

From the court's decision in Gaskin v Stumm Handell GMBH:

A.None of the above.

B.A contract places the exchange risk on the importer.

C.lack of understanding of the language in which a contract is written does not render the contract void.

D.Cultural and linguistic risk are to be borne by both parties to the contract.

Legality of a contract means that the contract:

A.Must be registered with a competent authority.

B.Should be illegally made by word of mouth.

C.Must be made in such a manner that an act done under it would not run counter to any law.

D.Must be made in the proper acceptable manner and registered with a competent authority.

E.Should be made on the form prescribed in law by the jurisdiction in which it is made and notarized by a lawyer.

In a contract, consideration is essential because:

A.There must be a meting of the minds on all material terms of the contract.

B.Without it a court would be unaware of terms agreed to by the parties to the contract and would therefore be unable to enforce the contract in the event of a breach.

C.There must be a meeting of the minds on the contract consideration.

D.Its validity depends on it passing to the offeree.

E.In law only bargains can be enforced if there is a breach of contract.

Under the guide of FIRAC a material fact is one:

A.That must be related to the issue and is necessary to help determine the outcome of a dispute/case.

B.That can be relied upon by any unrelated party to the dispute to raise concerns in a matter confronting that party.

C.Supported be material, physical evidence .

D.That must be established by circumstantial, physical and material evidence.

E.In which little or no evidence is required to ascertain its veracity.

The co-existence of varying legal systems in the world would make the conduct of international business more legally difficult. As a result, at least two legal systems are combined to provide some degree of uniformity in international business law. The two are:

A.Sharia and Civil.

B.Common and Civil.

C.Common and Sharia.

D.Roman and Common.

E.Civil and Roman.

F.Sharia and Roman.

According to your prescribed text international business can potentially face a number of risks. These risks could be, among others:

A.Fraud, executory tardiness, and SPS measures.

B.Expropriation, exchange rate and sanctions.

C.Exchange rate, shipping law, and SWIFT.

D.Language, TBT, and non-tariff barriers.

E.Personalized contract breach, cultural differences and nationalization.

FDI is a form of international business is:

A.Done with the aim of both short and lone term interest in mind.

B.Undertaken by investors who raise capital from the financial system in which the investment is undertaken.

C.The most profitable way to engage in cross-border business.

D.The most speculative way to do cross-border business.

E.Done with the aim of long-term gains derived from the profitable operation of the investment.

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