One of these is Not a fundamental principle of a valid contract?

A letter of intent cannot under any circinstances be interpreted as a valid

contract by a court even if it contains all the elements of a valid contract. Is
22 this statement true or false
A major goal of the WTO is to harmonize and simplify international trade
23 rules to reduce the burden on business. Is this statement true or false

Article 11 of the Vienna Convention on International Sale of Goods requires

that contracts could take any form and must not necessarily be concluded in
writing. Is this states true or false.
26
In a custom Union, the member states eliminate tariffs among themselves
while the union sets common tariffs between its members and third
21
countries.
In order to import a controlled product into Canada, the importer must
provide all but one of these information in an application for a permit under
6
the Import Permit Regulations:

In the following, alternative dispute resolution methods findings are not

binding, offer no award, and witnesses or evidence cannot be used except for

14
28 NOT A SUBJECT MATTER OF PUBLIC INTERNATIONAL LAW
One of the following is not a subject matter covered under Public
18 International Law. Which one is it>

One of these Canadian agencies does not have a role to play in the facilitation
of international trade.
4

One of these subject matters is not a topic under private international law.
19 Which one ois it?
Parties in an arbitration proceedings can appeal against the final award made
25 by the arbitrators/s. Is this statement true or false
Private law relates to the right and obligations between goverments. Is this
24 statement true or false?

The vienna Sales convention requires that a contract for the sale of goods be
in writing. Is this statement true or false
27

15 What are the common sources of law found in most nations?

16 What are the manin methods of dispute settlement in international trade?

When a contract anticipates some catastrophic event, such as a riot, civil war,
earthquake, or flood that will interfere with the performance of contractual
obligations, this is referred to as a:
2
 Which of the following answer is NOT considered to be a major international
17 trade barrier

Which of the following is a non-elegible product under the Vienna Convention

20 on the international sale of goods?

Which of the following is NOT considered to be a major risk / challenge in

international trade?
3

Which of the following is the most usable definition of law?

13

which of the following is true?

Which of the following is true?

Which of the following is true?

Which of the following is true?

8
 Which of the following will a judge not apply in canadian court?

10

Which of the followng statement is NOT true in using arbitration as a dispute

resolution method:
11

Which one is not required element of contract formation

12
 Only parties to the contract
The contract must pertain to are bound to the right and The contract must be
a legal activity obligations established by voluntary
the contract

0 TRUE
0 TRUE

0 TRUE

0 TRUE

The importers tax return for The applicants name and

A description of the goods the previous year address

Negotiation Meditation Arbitration

SALES OF GOODS
International peacekeeping
operations Human rights Armed conflicts
Office of the Commissioner Canadian Intellectual Office of the superintendent
of Competition Propoerty Office (CIPO) of financial institutions
(OSFI)

International commecial
arbitration marriage disputes international investments
0 TRUE

0 TRUE

0 TRUE

Common law, treaties,

conventions, and public Statutes, constitution, court
none of the above opinion decision, regulations

B and C Arbitration Litigation

"subject to" clause Condition precedent Frustration clause

Quotas Value Added tax
Alcohol Television sets
Language barrier Cultural difference
We must define law in terms It is most useful to us to
of what society needs people define law in terms of what
to do we think people ought to do
Countervailing duties are
duties imposed by an
importing country over and
all of the above above the usual import
Emergency safeguard duties when the goods are
measures are imposed by an being dumped into the
importing country over and importing country
above the usual import
duties when the goods All of the above
involved have been
subsidized by the
government of the exporting
country,
A law is a rule that can be
all of the above enforced bu the courts
A custom union imposes a
common external tariff on
goods imported into the
both b and c customs union while
maintaining tariff on the
exchange of goods between
participating countries
Tariffs
Apple
Physical distance
We must define law in terms
of what the courts will
eforce
Dumping refers to selling an
imported goods at a price
lower than the price at
which it is sold in te
exporting country
Dumping refers to practice
whereby goods are sold at a
lower price in the importing
market than the price at
which the same product is
sld in the exporting country
All lawas are rules but not all
rules are lawas
A custom union imposes a
common external tariff on
goods imported into the
custom union and eliminates
tariff on the exchange of
goods between participating
countries
Statute law Equitable principles Roman Law

The arbiter can be chossen the cost of the arbitration The arbitration decision does
by both parties can be lower not bind parties to a contract

Consideration offer invittion

 The contract must be The contract must be
All of the above autorized by a notary
autorized by a notary public public

FALSE
TRUE

FALSE

TRUE

The country of origin of the The country from which the The importers tax return
goods goods are imported for the previous year

Concilation Negotiation
 SALES OF GOODS

None of the above Sale of goods Sale of goods

The royal Canadian Mounted The Canada Border Services The royal Canadian
Police (RCMP) Agency (CBSA) Mounted Police (RCMP)

None of the baove. human trafficking human trafficking

FALSE

FALSE

FALSE

Statutes, constitution, court Statutes, constitution,

all of a,b and c decision and public opinion court decision, regulations

A,b and c Meditation A,b and c

Force majeure clause condition subsequent Force majeure clause

None of the above Import Controls
none of the above Aircrafts
Similar legal systems All of the above
We must define law in term It is most useful to us to
of what people used to do define law in terms of what
people fo
Emergency safeguard
measures are imposed by an
importing country over and
obove the usual import
duties when the goods have
been subsidized by the
Countervailing duties are country in wich they are
imposed by an importing produced
country over and above the
usual import duties when None of the above
the goods involved are being
dumped in the importing
country.
once source of our
docmestic law is legislation
none of the statement passes by either the federal
pr provintial govermment
A customs union imposes
common policies for the
internal operation and
integration of the combined both b and c
market between the
participating countries
Value Added tax
Aircrafts
Similar legal systems
We must define law in
terms of what the courts
will eforce
Dumping refers to selling
an imported goods at a
price lower than the price
at which it is sold in te
exporting country
Dumping refers to practice
whereby goods are sold at
a lower price in the
importing market than the
price at which the same
product is sld in the
exporting country
All lawas are rules but not
all rules are lawas
Constitutional law Common law principles Roman Law

there cannot be an appeal The arbitration decision

does not bind parties to a
against arbitration contract

acceptance invittion