True/False 65. Business alliances are often accomplished through complex interna

Question

True/False

65. Business alliances are often accomplished through complex international licensing and transfer of technology agreements.

66. In many developing countries there are wide disparities in social and economic classes, as reflected in large inequalities in income, education and personal assets.

67. Export controls are restrictions on exports of goods, services, or technologies to a country or group of countries for purposes of national security and foreign policy.

68. Once articulated and published, corporate codes of conduct are usually fully enforceable in courts of law.

69. Venue and jurisdiction are two words that have the same legal meaning.

70. The head of the Office of U.S. Trade Representative (USTR) is a member of the U.S. president’s cabinet. His/her principal responsibilities are to advise the president and to negotiate, monitor and enforce U.S. bilateral and multilateral trade agreements on behalf of the United States.

Explanation / Answer

65. False

Local business alliance may not require complex international licensing and transfer of technology agremeents.

66. True

67. True

Export controls are usually applied on dual-use goods or technology

68. False

Corporate codes of conduct are an internal policy matter of an organization. These may or may not be legally tenable in a court of law.

69. False

Venue and Jurisdiction are two different legal concepts.Jurisdiction is the authority of court to hear and take a decision on a specific action. Venue is the physical location for trial or from where the jury should be selected.

70. True

USTR is the principal advisor to the US President. The head of USTR is a cabinet level position.

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