International Law for Business Canada. Multiple choices about Canada and international contracts.. Please give true answers and ref/ explanation. Thank you very much.

Question 7:

7a) Which of the following is correct?

A. Parties entering into negotiations involving an international sale should be aware that more than one contract may be necessary.

B. Because of the principle of privity of contract, it is essential that the obligations of the two main contracting parties for matters such ass transportation, insurance and financing be clearly stated in the primary contract.

C.Because of the principle of privity of contract, it is never possible to ensure that the other party will honour their obligations for matters such as transportation, insurance and financing.

D. only A& B are correct.

E. only A& C are correct.

7b)Which of the following is correct?

A. We can reasonably except countries such as the US, Australia, New Zealand, Singapore, and India to have common law systems, as they all share a history of colonial ties to England.

B. The civil law tradition is less prevalent around the world than is the common law system.

C. We can reasonably except Brazil and Argentina to have civil law systems.

D. The civil law and common law systems are growing more alike over time.

E. All of the above are correct.

7c)PIPEDA, the federal privacy legislation, initially applied to personal information about customers or employees used by federally regulated companies.; in Ontario and several other provinces, it also applies to :

A. customer information of provincially regulated companies.

B. Employee information of provincially regulated companies.

C. Financial information provincially regulated companies.

D. All of the above.

E. Both A & B.

7d)Which of the following is correct?

A. A contract that does not provide a specific price for goods will never be enforceable.

B. If a contract does not specific a price but provides for an external market factor to determine this, the contract will likely be enforceable.

C. A prudent buyer will request a pro forma or sample invoice to ensure that all the buyers's import and customs regulations are adhered to.

D. only A& B are correct.

E. Only B & C are correct.