Listen When a dispute arises between different countries, the preferred method of resolution is to litigate the case through the foreign court system because it is less expensive and more private to do so. Question 31 options: True False Question 32 (1 point) Listen An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once it has been delivered. What should the American manufacturer insist upon having if it wants to protect its right to sue the government in the event it does not pay for the goods? Question 32 options: a) a release of sovereignty b) a statement of extraterritoriality c) a waiver of immunity d) a submission of arbitration to the ICA Question 33 (1 point) Listen The International Court of Justice (ICJ) has not been an important force in resolving international business disputes. In fact, in its seven-decade history, the ICJ has heard fewer than 160 cases. Which of the following statements regarding the ICJ is NOT true? Question 33 options: a) Only countries can bring a case before the ICJ. b) The ICJ only has jurisdiction over states that have agreed to be bound by its decisions. c) The ICJ has no enforcement power. d) The U.S. has agreed to abide by ICJ jurisdiction in all cases