Arbitration is often preferred when the contract stipulates U.S. law and one of the litigants is foreign because it is. A. easier to influence an arbiter than a judge. B. quicker, cheaper, and more private than the U.S. court system. C. more discreet, although more costly than the court system.
A. often preferred by foreign litigants because it is perceived as fairer, faster, cheaper, and more confidential than are the courts. B. favored by international unions. C. recommended by the UN for international companies facing litigation in developing countries.
Patents are government grants that give the owner. A. exclusive rights to use, sell, manufacture, or exploit the invention or process. B. the exclusive right to use the fundamental ideas on which the invention is based. C. the rights to sell the invention, but only beyond the patent-granter's borders.
Enforcing contracts that cross international borders is#N#A. simply a matter of applying the local law to the contract.#N#B . complicated and governed in most nations by the CISG.#N#C. secondary to who has possession of the goods, regardless of title.#N#D. nearly impossible, so negotiation is important.