1. What is agency problem? Please provide any 2 possible solutions to this problem.
2. What is ancillary contract? Please give an example.
3. Please identify any three elements in an international trade agreement (contract).
4. Please identify the difference between individual export permit (IEP) and general export permit (GEP).
5. Please list any 3 of the goods that are subject to export controls and that require an export permit prior to exportation
6. Please briefly describe the difference between the common law and the civil law traditions.
7. Please give any 3 warning examples (Product Liability) issued by manufacturers.
8. Please list any 3usual stipulated documents for an L/C transaction.
9. Please any 3 Common discrepancies and errors in documents that may lead to rejection by the bank.
10. What are the three purposes of the Bill of Lading?
11. Please list any three reasons why protect Intellectual Property.