Question 1

Under the New York Convention, an arbitral award should be recognized by a Contracting Party even if

a.the arbitration award has a suspensive period and the period has not lapsed

b.the arbitration panel was based in another State

c.the arbitration panel was not composed in accordance with the arbitration agreement

d.the arbitration gave an award that is different from that intended by the arbitration agreement

Question 2

The Hague-Visby Rules introduced minimal amendments to the Hague Rules.

True

False

Question 3

Under the GATT, internal taxes should not be imposed especially to control the entry and distribution of imports to benefit the entry and distribution of domestic products.

True

False

Question 4

Under Republic Act No. 9285, the following cannot be the subject of arbitration, except

a.the object sold is way above market price

b.employer-employee relationship of the parties

c.the object sold is part of legally reserved inheritance

d.whether the buyer is single or married

Question 5

Non-contracting States may gain accession to the WTO.

True

False

Question 6

Under the Hague-Visby Rules, the following exempt a carrier from liability in case of loss or damage, except

a.act of war

b.wastage

c.live animals

d.unseaworthiness

Question 7

A differentiation between a carrier and an actual carrier is found in

a.the Hague-Visby Rules

b.all of these conventions

c.the Hamburg Rules

d.the Hague Rules

Question 8

Instead of a long list of exempting circumstances for the carrier, the Hamburg Rules focus on the following three key areas, except

a.fire

b.public authority

c.deviation

d.live animals

Question 9

In carriage by air, you only have to prove the accident to make the carrier liable; it is the carrier's responsibility to prove freedom from negligence.

True

False

Question 10

Contracting States of the New York Convention respects and recognizes private agreements to submit commercial controversies to arbitration, and likewise will not disturb awards in pursuit of that arbitration agreement even if granted in other States.

True

False