Question 1 of 10
10.0 Points
International law includes all of the following except: A.The law of sovereign foreign countries B.Foreign custom and religious law
Correct C.Private contracts between parties in different states in the United States D.International treaties and conventions
Answer Key: C
Question 2 of 10
10.0 Points
Political risk is not affected by a weak or volatile rule of law A.True
Correct B.False
Answer Key: B
Question 3 of 10
10.0 Points
Which of the following is not a required element for a valid contract in the United States A.offer B.acceptance
Correct C.price D.consideration
Answer Key: C
Question 4 of 10
10.0 Points
The Statute of Frauds: A.requires parties to attest that they are honest B.mandates that parties must have legal capacity to enter a contract C.turns a contract into a criminal case if fraud is present
Correct D.requires that some contracts be in writing in order to be enforced
Answer Key: D
Question 5 of 10
10.0 Points
A counter offer is a rejection of the offer.
Correct A.True B.False
Answer Key: A
Question 6 of 10
10.0 Points
All of the following are defects that would trigger strict liability except:
Correct A.customer using the product incorrectly B.design defect C.manufacturing defect D.warning defect
Answer Key: A
Question 7 of 10
10.0 Points
Which of the following is a legitimate subject matter for a patent? A.a mathematical formula
Correct B.a business process C.products of nature D.printed material
Answer Key: B
Question 8 of 10
10.0 Points
Which of the following is not a factor in determining whether a trademark is inherently distinctive:
Correct A.usefulness B.fanciful C.arbitrary D.suggestive
Answer Key: A
Question 9 of 10
10.0 Points
Trade secret disclosure suits can be filed with the USPTO. A.True
Correct B.False
Answer Key: B
Question 10 of