BA 36 EXAM Module 3.1, 3.2

Question 1

is the collection of laws,
regulations, agreements
and common law that
governs how humans
interact with their
environment

Is an
are of rapidly increasing
regulation as
conservation becomes
an accepted goal of
groups across the
political spectrum .

Answer 1

Environmental Law

Question 2

-protect the environment and
create rules for how people can
use natural resources.
-Determine who can use the
natural resources and on what
terms.
-Regulate pollution, the use of
natural resources, forest
protection, mineral harvesting
and animal and fish populations.

Answer 2

Environmental Law Purposes

Question 3

1. National Constraints on
   Exports through Prior
   Informed Consent
2. North American
   Environmental Treaties
   through North American
   Free Trade Agreement
   (NAFTA)

Answer 3

Regional Approaches

Question 4

were interpreted to allow
highly discriminatory
restrictions if a foreign
policy threatened the
environment or human
health.

Answer 4

Article III and XX of GATT

Question 5

is the dynamic external
system in which a business
competes and functions. The
more sellers of a similar
product or service, the more
competitive the environment
in which you compete.

Answer 5

Competitive Environment

Question 6

It prohibits agreements
between competitors that
restrict competition.

It also prohibits a firm
from abusing a dominant
market position through
predatory pricing and
refusals to deal.

Answer 6

Antitrust Law /Competition Law

Question 7

Some nations require
governmental review of
virtually all vertical
arrangements between
firms and their
distributors, customers
or suppliers.

Answer 7

Governmental Review Requirement

Question 8

is more flexible with
respect to know how
transfer agreements than
patent licenses

Answer 8

European Commission

Question 9

also show flexibility in
reviewing franchise
agreements because the
franchiser must protect its
know how that the
franchisee is producing and
marketing the product in a
manner consistent with the
franchiser’s good name.

Answer 9

Competition authorities

Question 10

parties to all
mergers, acquisitions, joint
ventures, and other business
combinations that have a
Community Dimension must
provide pre-transaction
notification to the
commission.

Answer 10

Merger Regulation