Question

13. If a company wants to have its product or name in a market without commencing operations there, the company may decide to license the rights to its name or product in the target market.

True/False

14. The International Court of Justice is only made up of judges only from the United Nations Security Council.

True/False

15. Which of the following is true of existing international dispute resolution bodies?

A.National courts hear cases on matters of international public law.

B.The International Court of Justice exercises both advisory and contentious jurisdiction.

C.The European Court of Justice hears cases involving only the European community settled in the United States.

D.The World Trade Organization Dispute Settlement Body is a true court that issues decisions which create binding precedent.

Answer 1

Answer:13} True: The most common method is called patent.

Answer:14} False: The ICJ is composed of fifteen judges elected to nine-year terms by the UN General Assembly and the UN Security Council from a list of people nominated by the national groups in the Permanent Court of Arbitaration.

Answer: 15}

a} False: the authority given by law to a court to try cases and rule on legal matters within a particular geographic area and/or over certain types of legal cases. National Courts does not have jurisdiction on interanational matters.

b} True: The International Court of Justice has jurisdiction in two types of cases: contentious cases and advisory opinions.

c} False: The European Court of Justice (ECJ), officially just the Court of Justice  is the supreme court of the European Union in matters of European Union law.

d} True: WTO agreements set out legally binding rules part of public international law (PIL).