You Are the World's Leading Manufacturer of Computerized Range-Finding Equipment,and

question 13

Multiple Choice

You are the world's leading manufacturer of computerized range-finding equipment,and you want to export your products to Libya and North Korea.With which of the following might you need to concern yourself?
i.The Customs Act.
ii.The Export and Import Permits Act.
iii.A foreign distribution agreement with your foreign contact
iv.A force majeure clause in a distribution contract.
v.Bills of lading.
vi.Political risk insurance.

• A)i and ii.
• B)i,ii,iii and v.
• C)ii,iii,iv and vi.
• D)All of the legislation except the Customs Act.
• E)All of the legislation except the Export and Import Permits Act.

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Definitions:

Protected Work

Protected work typically refers to creations such as art, literature, or inventions that are covered by copyright, patent, or trademark laws, preventing unauthorized use or reproduction.

Copyright

Legal protection granted to creators of original works, giving them exclusive rights to use, distribute, and reproduce their creations for a certain period.

Infringement Suit

A legal action initiated to address unauthorized use of intellectual property rights.

Injunction

A legal order issued by a court that requires a party to do or refrain from doing specific acts.