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Questions and Answers
Which law applies to the management of Y AB after they move from Stockholm to Berlin?
Which law applies to the management of Y AB after they move from Stockholm to Berlin?
- Swedish law, if the courts apply the founding seat principle
- Swedish law, as the founders originally chose Swedish law
- German law, as the management chose to apply German law
- German law, if the courts apply the founding seat principle (correct)
Which statement about customary human rights is correct?
Which statement about customary human rights is correct?
- They are laid down in international covenants passed by the UN
- They are binding only on UN member states (correct)
- They are binding on all states
- They are binding only on states that have ratified them
Is a member state allowed to impose higher import duties to make a product from another member state more expensive in the domestic market?
Is a member state allowed to impose higher import duties to make a product from another member state more expensive in the domestic market?
- No, governments cannot act against cheaper imported goods
- Yes, to defend domestic industries against cheaper imports
- No, the WTO ensures free markets with competing prices
- Yes, if the other member exports the product at a lower price than its domestic market (correct)
What principle determines the applicable law when a company relocates its management?
What principle determines the applicable law when a company relocates its management?
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Why might a government impose higher duties on imports?
Why might a government impose higher duties on imports?
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What kind of human rights are binding on all states?
What kind of human rights are binding on all states?
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