WiFi Corporation,a U

question 14

Multiple Choice

WiFi Corporation,a U.S.firm,signs a contract with Bueno Computadores,Ltd. ,an Argentinean firm,for a shipment and payment for WiFi's goods.This is

• A)a distribution agreement.
• B)a joint venture.
• C)direct exporting.
• D)licensing.

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Definitions:

In Personam Jurisdiction

The legal authority of a court to require a person to appear before it and to subject that person to its decisions.

In Rem Jurisdiction

A legal principle concerning the power a court has over an object or status rather than over a person, often used in property disputes.

Attachment Jurisdiction

A type of jurisdiction that allows a court to seize a defendant's property to satisfy a potential judgment before the court has made a decision on the merits of the case.

Race-Based Exclusions

Policies or practices that discriminate against individuals on the basis of race.