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Part 1 of 1 100.0 Points Question 1 of 10 10.0 Points International law includes all of the following except: A.The law of sovereign foreign countries B.Foreign custom and religious law Correct C.Private contracts between parties in different states in the United States D.International treaties and conventions Answer Key: C Question 2 of 10 10.0 Points Political risk is not affected by a weak or volatile rule of law A.True Correct B.False Answer Key: B Question 3 of 10 10.0 Points Which of the following is not a required element for a valid contract in the United States A.offer B.acceptance Correct C.price D.consideration Answer Key: C Question 4 of 10 10.0 Points The Statute of Frauds: A.requires parties to attest that they are honest B.mandates that parties must have legal capacity to enter a contract C.turns a contract into a criminal case if fraud is present Correct D.requires that some contracts be in writing in order to be enforced Answer Key: D Question 5 of 10 10.0 Points A counter offer is a rejection of the offer. Correct A.True B.False Answer Key: A Question 6 of 10 10.0 Points All of the following are defects that would trigger strict liability except: Correct A.customer using the product incorrectly B.design defect C.manufacturing defect D.warning defect Answer Key: A Question 7 of 10 10.0 Points Which of the following is a legitimate subject matter for a patent? A.a mathematical formula Correct B.a business process C.products of nature D.printed material Answer Key: B Question 8 of 10 10.0 Points Which of the following is not a factor in determining whether a trademark is inherently distinctive: Correct A.usefulness B.fanciful C.arbitrary D.suggestive Answer Key: A Question 9 of 10 10.0 Points Trade secret disclosure suits can be filed with the USPTO. A.True Correct B.False Answer Key: B Question 10 of 10 10.0 Points Business policies are usually inconvenient restrictions and a business hindrance. A.True Correct B.False Answer Key: B