Question
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
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
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