Question

QUESTION 9

1. A comparison of “forum non conveniens” and “forum shopping” demonstrates how the courts look at many of the same characteristics, such as why is one forum favored over another

   True

   False

1 points   

QUESTION 10

1. 10. Licensing intellectual property to foreign manufacturers is the simplest and   least risky way to enter the foreign markets

   True

   False

1 points   

QUESTION 11

1. An important requirement for success in International Business is a long term commitment by top management

   True

   False

1 points   

QUESTION 12

1. In the case Russian Entertainment v. Close Up, the issue was whether the franchisee violated the terms and conditions of the franchise requirement

   True

   False

1 points   

QUESTION 13

1. The above referenced case in question 12, also stands for the proposition that the intellectual property license agreements should be construed narrowly

   True

   False

Answer 1

Answer 9

False. Forum shopping is the process when the plaintiff uses his option to choose the court that will treat his case favourably. A forum non conveniens motion filed by the defendant means that the suit is inconvenient for him.   

Answer 10

True. Licensing IP to foreign manufacturers is the simplest and least risky way to enter foreign markets, assuming that the manufacturer is technically adept and other modes are more expensive.

Answer 11

True. Cross cultural skills, collaboration, adaptive thinking, interpersonal skills by the top management along with long term commitment are often the most important requirements for success in international business.

Answer 12

True. The case Russian Entertainment v. Close Up dealt with the issue of copyright infringement of certain Russian films leading to violation of the original franchise requirement.

Answer 13

True. Based on the above case, the intellectual property license agreements should spell out all the terms and conditions explicitly without any avoidance of doubt.