Remaining Time: 42 minutes, 55 seconds Question completion Status QUESTION 59 The World Intelectual Property Organization (WIPO) is antigoncy of the UN with a mandate to maintain and increase respect for IP wardede sters 26 treaties including the Special Import Measures Act (SIMA) Mastricht Treaty Paris Convention for the Protection of Industrial Property (for parents and trademarks) World Customs Organization (WCO) QUESTION 60 In terms of the legal aspects of different foreign market strategies, one of the potential difficulties of direct foreign investment is O the high level of risk required O a lack of ADR methods O economic instability atrone of transparency of rules and regulations in the host country QUESTION 31 A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task is known a Joint venture agreement A distributorship O A franchise agreement A contract of good faith QUESTION 32 Arbitration proceedings are O more costly than mediation much more public than other ADR approaches less adversarial than court proceedings and loss destructive to the relationship of the parties none of the above QUESTION 23 The provides that the credit is separate frorn and independent of the underlying contract of sales or other transacion This means that payment for goods or services is made on the basis of satestactory document presentation, and not on the basis of dolivery of goods or services that conform to the contract the advising bank credit @ the bill of lading the stand by letter of credit the autonomy of the letter of credit QUESTION 24 Established in January 1995, the sets minimum standards for intellectual property regulation and was a historic first agreement 10 introduce intellectual property rules into the multilateral trading system The WIPO Agreement O TRIPS Agreement The European Patent Office Agreement The Bonne Agreement QUESTION 23 The provides that the credit is separate frorn and independent of the underlying contract of sales or other transaction. This means that payment for goods or services is made on the basis of satestactory document presentation, and not on the basis of delivery of goods or services that conform to the contract the advising bank credit the bill of lading the stand-by letter of credit the autonomy of the letter of credit QUESTION 24 Established in January 1995, the sets minimum standards for intellectual property regulation and was a historic first agreement to introduce intellectual property rules into the multilateral trading system The WIPO Agreement TRIPS Agreement The European Patent Office Agreement The Bonne Agreement QUESTION 43 without checking or thinking about what goes arod Parties to contact se on temple to agree to nautice approach standard form QUESTION 44 Ander which a person is gely responsable for the counces flowing from an activity even the tracce of tot on product como