Get premium membership and access revision papers, questions with answers as well as video lessons.

Legal Aspects Of International Trade &Amp; Payments Question Paper

Legal Aspects Of International Trade &Amp; Payments

Course:Certificate In Business Management

Institution: Carlile College question papers

Exam Year:2010

MARCH 2010

LEGAL ASPECTS OF INTERNATIONAL TRADE & PAYMENTS

Instructions to candidates:
a) Time allowed: Three hours (plus an extra ten minutes’ reading time at the start – do not write anything during this time)
b) Answer any FIVE questions
c) All questions carry equal marks. Marks for each question are shown in [ ]

1. The drawer of a bill of exchange is protected by certain legal safeguards. Discuss. [20]

2. What remedies are available for the settlement of disputes in international trade? [20]

3. What penalties may be imposed by the European Union for breach of anti-competition laws? [20]

4. Trading blocs invariably legislate for trade restrictions. Discuss the effect of these blocs on international
trade. [20]

5. Discuss the legal responsibilities of overseas agents to their principals. [20]

6. A letter of credit received by you and issued for payment has been refused. What action will you take? [20]

7. Discuss the functions of a bill of lading as a document of title. [20]

8. Explain the information that must be included in an irrevocable letter of credit. [20]

Legal Aspects Of International Trade &Amp; Payments Question Paper

More Question Papers

Popular Exams