Question

Laws that apply to traditional business activity conducted on paper also apply to e-commerce. a. True b. False Which of the following could be protected by a commercial bakery as a trade secret? a. A new process for preserving packaged cookies b. The bakery's logo c. The bakery's plan for a new marketing strategy. d. All of the above e. A and c only. Kim Kardashian's right to charge a fee for the use of her photo in a magazine ad is an example of: Outsourcing Personality rights Privacy rights Trademark rights Paul's Plaids ("PP"), a Canadian flannel shirt manufacturer, hired Rosie to act as its agent in Australia. Under Rosie's agreement with PP, she is only authorized to enter into contracts with a value of Cdn $50,000 or less. PP has not done anything to tell the customers about this limit so potential customers are unaware of this restriction. Rosie negotiates a contract for a sale of Cdn $100,000 worth of plaid shirts with a Sydney department store, and signs the contract on behalf of PP. Is PP bound by the contract? a. Yes, because Rosie had apparent authority to enter into the contract. b. No, because Rosie did not have actual or apparent authority. c. No, because Rosie was not authorized to enter into contracts for this amount. d. Yes, because Rosie had actual authority to enter into the contract. Under the legal principle of privity of contract, only the parties to the contract can sue to enforce the obligations referred to in the contract. a. True b. False A country that has signed and ratified the New York Convention has agreed to: a. Only enforce arbitrations conducted in the International Chamber of Commerce's Court of Arbitration. b. Enforce judgments of the courts of other contracting parties as though they were judgments of its domestic courts. c. Enforce international arbitration awards as though they were judgments of its domestic courts. d. Only enforce arbitration awards if the arbitration was conducted pursuant to an arbitration clause.

Laws that apply to traditional business activity conducted on paper also apply to e-commerce.
a. True
b. False

Which of the following could be protected by a commercial bakery as a trade secret?
a. A new process for preserving packaged cookies
b. The bakery's logo
c. The bakery's plan for a new marketing strategy.
d. All of the above
e. A and c only.

Kim Kardashian's right to charge a fee for the use of her photo in a magazine ad is an example of:
Outsourcing
Personality rights
Privacy rights
Trademark rights

Paul's Plaids ("PP"), a Canadian flannel shirt manufacturer, hired Rosie to act as its agent in Australia. Under Rosie's agreement with PP, she is only authorized to enter into contracts with a value of Cdn $50,000 or less. PP has not done anything to tell the customers about this limit so potential customers are unaware of this restriction. Rosie negotiates a contract for a sale of Cdn $100,000 worth of plaid shirts with a Sydney department store, and signs the contract on behalf of PP. Is PP bound by the contract?
a. Yes, because Rosie had apparent authority to enter into the contract.
b. No, because Rosie did not have actual or apparent authority.
c. No, because Rosie was not authorized to enter into contracts for this amount.
d. Yes, because Rosie had actual authority to enter into the contract.

Under the legal principle of privity of contract, only the parties to the contract can sue to enforce the obligations referred to in the contract.
a. True
b. False

A country that has signed and ratified the New York Convention has agreed to:
a. Only enforce arbitrations conducted in the International Chamber of Commerce's Court of Arbitration.
b. Enforce judgments of the courts of other contracting parties as though they were judgments of its domestic courts.
c. Enforce international arbitration awards as though they were judgments of its domestic courts.
d. Only enforce arbitration awards if the arbitration was conducted pursuant to an arbitration clause.

Added by Aaron A.

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