ETH/321T – C Week 5 Apply Assignment | Questions with 100% Correct Answers | Verified
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Course
ETH/321T
Institution
ETH/321T
Determine the legality of the transaction.
KlineCorp wants to conduct business with Company B in another country. While visiting
Company B, the management team of Company A offers some of the foreign employees some
free products from their company. - Illegal bribe
Nation A has a political dispu...
ETH/321T – C Week 5 Apply Assignment Determine the legality of the transaction. KlineCorp wants to conduct business with Company B in another country. While visiting Company B, the management team of Company A o ffers some of the foreign employees some free products from their company. - ✔✔Illegal bribe Nation A has a political dispute with Nation B. The nations are at odds, but they agree to let a mediator hear the dispute. Both are members of the UN. Which group would hear and decide on the nations' dispute? - ✔✔The International Court of Justice The c itizens of France, Belgium, and Finland are upset by a recent trade law enacted in the European Union which they feel negatively impacts their respective economies. In order to resolve their concerns, they would turn to: - ✔✔The European Parliament Nation A is new at developing monetary policy and lacks the expertise to develop a high -
performing financial system. It would look to _______ for assistance. - ✔✔The Bank for International Settlement Nation A has expansive manufacturing capabilities, and, there fore, its economy focuses on selling goods to other countries. Country B buys goods from Country A but can't pay for the goods until it makes money from its own exports. It would look to _______ for assistance. - ✔✔The International Monetary Fund Nation A has a contract with Nation B, which it breaks. The International Court of Justice is asked to offer a decision resolving the matter. Which of the following is false? - ✔✔ICJ cannot deviate from similar decisions it has made on contract breaches before. Funtech is a toy manufacturer. It wants to form a merger with one of the toy stores that buys its toys. This would be a __________ merger. - ✔✔Vertical Decide the legality of the company's decision or action in the following situation: Vericorp wants to i ncrease its profitability. It rearranges its distribution services so that it can serve customers in certain areas better, while leaving other areas where competitors are stronger unattended. The company makes no agreement with a competitor in doing so. Wh ich of the following is true of this action? - ✔✔This may be illegal under the rule of reason. Identify the trade -restraining practice that this example demonstrates. Company A and Company B discuss average industry prices. - ✔✔No illegal practice A gov ernment agency which administers rules concerning clean housing projects wants to specify and explain the language it uses to communicate with the public and enforce its statutes. Which of the following is true? - ✔✔The agency does not need to invite publi c opinion on the information it will post.
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