Which of the following statements about the legal systems of countries is NOT true?
A. They can affect the attractiveness of a country as an investment site or market.
B. They are almost the same for all countries.
C. They are influenced by the prevailing political system of the country.
D. They are of immense importance to international business.
Ans: B. They are almost the same for all countries.
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What does “the power of the purse” refer to?
a. the position of Secretary of the Treasury b. the buying power of the country’s population c. Congress’s power to levy, collect, and appropriate taxes d. the nation’s productivity measured in dollars
Who among the following was NOT an author of the Federalist Papers?
a. John Jay b. James Madison c. Alexander Hamilton d. John Adams e. Both A and B are correct.
One of the advantages of using mediation instead of litigation to resolve disputes is that there are normally fewer enforcement problems
Indicate whether the statement is true or false
How many federal courts of appeal are there?
A. 13 B. 27 C. 6 D. 1 E. 94