Reference no: EM13298593
1. Alternative dispute resolution methods are generally favored by businesses because they are not binding.
A) True
B) False
2. Forum non conveniens is a doctrine used when a court does not have jurisdiction over a particular dispute.
A) True
B) False
3. Businesses tend to favor arbitration over litigation because it is cheaper, quicker and more confidential.
A) True
B) False
4. Alternative dispute resolution methods include:
A) a. mediation, litigation and arbitration. . .
B) b. arbitration, negotiation and mediation
C) c. arbitration, negotiation and resolution
D) d. litigation, jurisdiction and arbitration.
5. Venue refers to:
A) a. the power of a court to hear a particular case.
B) b. the state or country whose law will apply to a dispute.
C) c. the geographical location of a court.
D) d. the jurisdiction of a court over crimes committed within its geographical boundaries.
6. In personam jurisdiction means that a court may hear cases involving:
A) a. people physically present in the court's territory.
B) b. businesses that have minimum contacts with the state in which the court is located.
C) c. property located within the court's geographical boundaries.
D) d. a and b.
7. Parties are free to include in a contract:
A) a. a forum selection clause.
B) b. a choice of law clause.
C) c. an arbitration clause.
D) d. all of the above.
8. In international disputes where parties seek a better legal deal, that is called: .
A) a. forum non conveniens.
B) b. change of venue
C) c. forum shopping.
D) In international disputes where parties seek a better legal deal, that is called: a. forum non conveniens. b. change of venue. c. forum shopping. d. diversity of citizenship.
9. If a US court determines that the law applicable to a dispute is foreign the court will:
A) a. make certain what the foreign rule is and apply it to the case.
B) b. transfer the case to a foreign court.
C) c. decline its jurisdiction.
D) d. apply the US rule that is equivalent to the foreign rule.
10. As a general rule, when a dispute arises between parties domiciled in two or more EU countries, which court may hear the case?
A) a. The Court of First Instance
B) b. A court of the country where the defendant is domiciled
C) c. The European Court of Justice
D) d. The Interna
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