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Decide whether the following statements are True or False and briefly explain?

1. The principle of pacta sunt servanda means that every treaty in force is binding upon the parties
to it and must be performed by them in good faith. (62/666)

True,

2. The Statute of the International Court of Justice lists domestic legislations as one of the
source of international law. (74/666)

FALSE.

Not mention to domestic legislations

3. International business law draws from both public and private law as related to business
transactions.

True, involve public and private law

4. The two classifications of national legal systems are civil law countries and common law
countries.

True

5. International law is not dictated by one legislative body, and it is lawmaking by choice and
consent.
True

6. A self-executing treaty is one that automatically creates rights that are enforceable in the courts
of a contracting state, without further legislative action.
True
7. The International Court of Justice is the primary judicial organ of the World Trade Organization.
False

8. Public international law governs the relationship between private companies in different
countries.
False, between state

9. A common law country bases its laws on statutes while a civil law country uses court decisions.
False, bị ngược
10. Customary international law refers to rules of law arising from formal written conventions
and statutes.
False

11. Primary sources of international law include decisions of international courts and tribunals
and scholarly writings of academics.

False, Primary sources

12. Ratification is the formal approval of a contracting party to be bound by a treaty according to its
internal procedures.
True
13. Germany and France are two civil law countries whose legal systems are derived from
ancient Roman law.
True (civil law)

14. The doctrine of stare decisis means that the courts should let the decision stand unless it is
overruled by a higher court authority.
True (common law)

15. In civil law countries, judges are bound to follow a previous court decision on a similar case
because of the rule of binding precedent.
False, common law
16. INCOTERMS 2020 is a treaty established by International Chamber of Commerce and open for
states to become contracting parties.
False, not a treaty
17. An international sale of goods contract between seller and buyer in different countries cannot
be governed by a domestic legal document such as the Commercial Law of the seller’s country.
False,

18. According to the Statute of the International Court of Justice, the court shall look to conventions
establishing rules expressly recognized by the contesting states.
True

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