Which of the Following Is False Regarding Insurance and the International

question 5

Multiple Choice

Which of the following is false regarding insurance and the international sale of goods?

• A) Manufacturers typically have insurance only in their home country because, under international law, the home country's law would be applied in the event of disputes.
• B) Product liability awards may vary in amount from country to country.
• C) Complications may arise from having insurance companies in several different countries.
• D) A manufacturers in Germany, for example, could seek insurance through a German insurance company regardless of where its products are shipped.
• E) Today, manufacturers are likely to have an insurance company in every country to which they ship goods.

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Definitions:

Saturated Fatty Acids

Fats whose molecular structures are saturated with hydrogen, such as fats in meat, butter, and eggs.

Animal Fat

Fat derived from animals, used in cooking and food production, and known for its high content of saturated fats and cholesterol.

Liquid at Room Temperature

A state in which a substance exists in a fluid form at approximately 20 to 25 degrees Celsius, indicating its physical property under standard conditions.

Childhood Obesity

A serious medical condition affecting children and adolescents characterized by an excessive accumulation of body fat.