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International Business Law 6th Edition Test Bank | Kyoto Protocol | United Nations Framework Convention On Climate Change

Follows August, Mayer and Bixby International Business Law Text, Cases, and Readings 6th Edition textbook

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  Chapter 2: State Responsibility and Environmental RegulationTrue or False Questions 1. According to the doctrine of imputability, the state is responsible for the acts of private persons andacts of officials of other states or international organizations. Answer: FalseDiff: 1Topic: tate !esponsibility ill: #egal $oncepts%. tates are not responsible for acts done by officials contrary to e&press orders. Answer: FalseDiff: 1Topic: tate !esponsibility ill: #egal $oncepts '. The doctrine of imputability does not ma e the state liable for an act of terrorism committed by itsnationals against foreigners. Answer: TrueDiff: 1Topic: tate !esponsibility ill: #egal $oncepts(. Any act of e&propriation of foreign property is considered illegal under international law. Answer: FalseDiff: %Topic: tandard of $are ill: #egal $oncepts). An error of a national court which does not produce a manifest in*ustice is not considered a denial of  *ustice. Answer: TrueDiff: 1Topic: tandard of $are ill: #egal $oncepts +. rivate persons cannot stand as plaintiffs in the -nternational $ourt of ustice.  Answer: TrueDiff: 1Topic: /b*ections ill: #egal $oncepts  0. According to the inecure $lause, an investor who see s to establish a business operation in aforeign country should agree, in advance, that he, she, or it will not as for its home state to intervene inany dispute with the host state. Answer: FalseDiff: %Topic: /b*ections ill: #egal $oncepts . 2efore an individual or business firm can see the help of its home state in supporting a complaint of mistreatment by a foreign state, the individual or firm must e&haust all of the local remedies available toit within the foreign state.  Answer: TrueDiff: %Topic: /b*ections ill: #egal $oncepts 3. The ob*ection that may be made to an international tribunal4s e&ercise of *urisdiction when there is noreal and bona fide relationship between the state bringing the suit and the person on whose behalf thesuit is brought is referred to as 5lac of standing.6 Answer: FalseDiff: 1Topic: /b*ections ill: #egal $oncepts 17. -f the in*ury is done directly to a state, then the ob*ection of failure to e&haust all remedies cannot beraised. Answer: TrueDiff: %Topic: /b*ections ill: #egal $oncepts 11. The re8uirement for a person to e&haust remedies cannot be waived by treaties. Answer: FalseDiff: %Topic: /b*ections ill: #egal $oncepts 1%. The /verseas rivate -nvestment $orporation 9/-$ only operates as an insuring agency for companies investing in less developed countries. Answer: FalseDiff: 1Topic: -nsurance ill: #egal $oncepts 1'. The /verseas rivate -nvestment $orporation 9/-$ is an independent government agency.   Answer: TrueDiff: 1Topic: -nsurance ill: #egal $oncepts 1(. The /-$ does not insure against minor diminishment in the value of an investment. Answer: TrueDiff: 1Topic: -nsurance ill: #egal $oncepts 1). The /-$4s coverage for currency inconvertibility only insures an e&isting legal right to convert. Answer: TrueDiff: 1Topic: -nsurance ill: #egal $oncepts1+. The /-$ cannot obtain subrogation rights against the host government from the insured.  Answer: FalseDiff: 1Topic: -nsurance ill: #egal $oncepts 10. The /-$ limits its e&posure in any one country to no more than 17 percent of its total ris . Answer: TrueDiff: 1Topic: -nsurance ill: #egal $oncepts 1. The ;nited <ations =nvironment rogram was created upon the recommendation of the toc holmDeclaration. Answer: TrueDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts13. Adoption of the precautionary approach to protecting the environment was agreed upon in thetoc holm Declaration. Answer: FalseDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts  %7. The 13% ;nited <ations $onvention on the #aw of the ea demands that states monitor andassess the ris s and effects of pollution and publish the results of those studies. Answer: TrueDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts %1. The ;nited <ations Framewor $onvention on $limate $hange 9;<F$$$ was adopted at thetoc holm Declaration. Answer: FalseDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts %%. The ;<F$$$ recognizes industrialized countries as the main source of air pollution. Answer: TrueDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts %'. The ;<F$$$ divides its member countries into two main groups, Anne& - countries and non>Anne&- countries.  Answer: TrueDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts %(. The only developed Anne& - country to indicate that it is not a party to the ?yoto rotocol is the;nited tates. Answer: TrueDiff: 1Topic: =nvironmental rotection  ill: #egal $oncepts%). @ovement of to&ic and other wastes are regulated by the ?yoto rotocol. Answer: False Diff: %Topic: =nvironmental rotection  ill: #egal $oncepts Multiple Choice Questions %+. All notions of state responsibility are set within the framewor of an international legal system where  is the most basic principle.