Question: 152. Sales representatives that perform specific acts at the specific direction of the company they represent are considered: a. Agents of the company. b. Principals

152. Sales representatives that perform specific acts at the specific direction of the company they represent are considered: a. Agents of the company. b. Principals of the company. c. Independent contractors of the company. d. None of the above. 153. Pursuant to EC Council Directive 86/653, an economic conditions alarm is sounded by the principal for the benefit of his or her agent: a. To give six-months prior notice of an increase in the agent's sales quota. b. When the inflation rate of the host country threatens to precipitate a price increase. c. When currency exchange rates rise to a level that makes business unprofitable. d. When sales forecasts indicate that the agent's volume of business will be significantly lower than normally expected. 154. An independent agent is often characterized by which one of the following: a. Principal is involved in working out details of the agent's work organization. b. The agent is always subject to a change of instructions. c. The agent works with many clients. d. All of the above. 155. In Germany, exaggeration in advertising is: a. Not highly regulated. b. Highly regulated. c. The law is uncertain and in a state of change. d. Best illustrated by the Carbolic Smoke Ball case. 156. The FCPA (Foreign Corrupt Practices Act) prohibits U.S. firms from paying bribes to: a. Purchasing agents of foreign firms with whom the U.S. firms do business. b. Foreign government officials. c. Both of the above. d. None of the above. 157. If an agent sells a line of American-made children's toys to a European toy store chain and it is later discovered that the toys are dangerous to children, the agent is not held accountable because this is an example of: a. Product liability. b. Just cause. c. A commission. d. None of the above. 158. Under the FCPA, U.S. courts have jurisdiction over a person who commits an FCPA violation: a. Only if the person is a U.S. citizen. b. If the person commits the act while in the territory of the United States, whether or not he or she is a U.S. citizen. c. Regardless of where the act is committed or the citizenship of the person. d. None of the above. 159. An American manufacturer is setting up a manufacturing plant in China. A Chinese telecommunications worker has asked the American firm's agent to pay him a fee of $500 for setting up Internet service in the new plant. Under the FCPA, if the American agent pays the fee, it will be considered: a. Perfectly legal; the Chinese telecommunications firm deserves to be paid for its services. b. Questionable; the American agent should confirm that this is the appropriate amount and person to pay for the service. c. Totally illegal; it is obviously a bribe. d. None of the above. 160. A. Bourjois & Co. v. Katzel involved the question of whether Katzel: a. Was liable to Bourjois for breach of contract. b. Was liable to the French subsidiary of Bourjois for trademark infringement and counterfeiting. c. Was entitled to punitive damages for willful trademark infringement. d. Was liable to Bourjois for trademark infringement. 161. A single multinational application process is available for protecting intellectual property in: a. The U.S., Canada, and Mexico. b. Eastern European countries. c. Countries that are signatories of the Asian Patent Protection Treaty. d. The European Union. 162. Many technology owners have avoided introducing technology or technological products into Brazil because: a. The market has been too weak to support these high-tech products. b. Technology transfer agreements have been interpreted under Brazilian law so that the original owner losses many rights in the technology. c. Brazilian taxes on the introduction of technology into the country have been prohibitively high. d. Spies and foreign agents have been stealing the technology and selling it to communist countries. 163. The Paris Convention: a. Is the seminal patent protection treaty. b. Requires national treatment for foreign trademark and patent applications from signatory countries. c. Provides a trademark holder in any signatory country a twelve-month period of priority within which to make similar application in other signatory countries. d. \"a\

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