Quiz 1 - Business law quiz sample - Business Law | Trường Đại học Quốc tế, Đại học Quốc gia Thành phố HCM

BUSINESS LAW QUIZ 1
1. Marital contract between an American groom and a Vietnamese bride is accepted and protected by the Vietnamese Law. A. TRUE B. FALSE
2. Mr D suits Mr A for violating the contract concerning to the possession of a villa in Cam Ranh,
Nha Trang. Mr D lives in Ha Noi while Ho Chi Minh City is the location where Mr A lives.
Where Mr.D should file the petition?
A. The Cam Ranh People’s Court
B. The Ho Chi Minh City People’s Court C. The Ha Noi People’s Court
D. The Ha Noi Superior People’s Court
3. Ms Thao and Mr Vu are involved in the lawsuit of the Trung Nguyen Café Corporation. After the
appellate judgement of the People’s Court, Ms Thao felt unfair and unsatistified. She claimed that
the People’s Court are partial to Mr Vu’s side. Therefore, she required a cassation procedure. Could Ms Thao require? A. YES B. NO
4. After the Vietnam Arbitration Center (VIAC) makes the final arbitration reward which force
Apple Joint Stock Company pay for AD LLC ten million dollars fine, however that fine can be
paid in 10 years without any interest rate. Mr Vu Anh Dung, who is the chairman of AD LLC,
disagrees with that judgement as he wants to the fine to be paid all immediately. He thinks the
VIAC and Apple collude with each other. He threatens to bring the lawsuit to the Ho Chi Minh
City Superior People’s Court. Select the best answer.
A. Mr Dung can do that because he thinks VIAC and Apple collude with each other
B. Mr Dung can do that because it is his right to bring the best for his own company
C. Mr Dung cannot do that because there is no evidence VIAC and Apple collude with each other
D. Mr Dung cannot do that because the arbitration award is final and it never be cancelled by the court
5. How many adjudication levels are there in Vietnam? A. 4 B. 3 C. 2 D. 1
6. How many people’s juror in the appellate trial panel for a civil case? A. 0 B. 2 C. 3 D. 1
7. Foxconn Technology Group is the company which Apple Inc. assigns for manufacturing the
iPhone for Vietnamese market. However, one iPhone which is sold for the customer has a much
lower quality than the standard. Select the correct answer.
A. Apple has no obligation for that low-standard iPhone
B. Apple has the obligation for that low-standard iPhone
8. Who have the authority to sign the contract for the Deloitte Limited Liability Company?
A. Ms Jessica Pearson, who is the Managing Partner/Chairman of the company
B. Mr Harvey Specter, who is the Senior Partner/CEO of the company
C. Ms Katrina Bennett, who is the Senior Associate of the company D. A&B
9. Which of the following is NOT the commercial contract?
A. The supply contract between GiaoHangNhanh and Shoppee
B. The contract between Vietsovpetro and Gazprom for an oil project in Vung Tau, Vietnam
C. The sponsored contract between Novak Djokovic and Lacoste, which Lacoste provides Djokovic
sports clothes in Grand Slam matches.
D. The non-competitive agreement between GiaoHangNhanh and GiaoHangTietkiem
10. Which of the following is not legal abding? A. Mediation B. Negotitation
C. Concilation in Commercial Arbitration D. All of the above
11. What of the following is not the valid form of commercial arbitration agreement? A. A note via fax B. A chat via iMessage C. A conversation via email D. A term in contract
12. When EY Vietnam agrees to terminate the auxiliary contract whose term “All the dispute will be
solved at the Singapore Arbitration Center” with KPMG Vietnam, that term cannot be terminated
as it is the valid arbitration agreement. A. TRUE B. FALSE
13. How many adjudication regimes are there in Vietnam? A. 1 B. 4 C. 3 D. 2
14. How many days for the involved parties to send the request for appellate trial after first-instance trial? A. 7 days B. 14 days C. 15 days D. 30 days
15. What is the maximum fine percentage of the contract value one party must pay if they violate the
contract, according to the Civil Code 2015? A. 8% B. 25% C. 15% D. Unlimited
16. How many arbitrators in an arbitration tribunal? A. 1 B. 2 C. 3
D. Depends on the agreement between two parties
17. On May 23rd, 2020 Mr Harry Potter sends a message to Mr Albus Dumbledore. The message is
“Could you sell for me your fastest Quidditch broom?”. Mr Albus Dumbledore replies: “Yes, I
would sell it for 1 million pounds”. On 1st June, 2020 Mr Albus Dumbledore delivers his fastest
Quidditch groom to Harry Potter. However, Mr Harry Potter denies to receive the groom because
he do not accept the price of 1 million pounds. Mr Albus Dumbledore is very angry for Harry
Potter’s deny because he states that the message from Harry Potter is the offer to enter the contract.
A. Harry Potter is right because the message is not the offer to enter the contract
B. Albus Dumbledore is right because the message is the offer to enter the contract
18. The dispute between Apple Inc. and Samsung Electronics at Vietnam Arbitration Center (VIAC)
has three arbitrators in the arbitration tribunal. How many vote percentage for a arbitration award to be valid? A. 100% B. 66.6% C. 75% D. 51%
19. Which of the following is not a valid contract?
A. A contract between a 6-year-old girl and Vinmart for a milk for the girl’s breakfast
B. A housing contract between a 17-year-old man with Vinhomes
C. A contract for supplying gaming services between Cyber and a 15-year-old student
D. A contract between a 18-year-old IU students and Vinfast for buying a Vinfast Fadil
20. In the first-instance trial, the Binh Duong’s Provincal People’s Court applies the wrong law,
therefore they make the wrong judgement for Masan in the lawsuit in M&A transactions with
P&G Vietnam. Which adjudication regime should Masan bring the petition to? A. Cassation B. Appellate C. Re-opening D. None of the above
21. If the defendant is not satisfied with the judgement at the first instance trial, he/she can request for A. Re-opening procedure B. Cassation procedure C. Appellate procedure D. All of the above
22. Which of the following case will the dispute be settled by litigation method?
A. Invalid arbitration agreements
B. One involved party does not comply with the arbitration award
C. Both two involved parties do not comply with the arbitration award D. Both A and C
23. Which of the followings is not commercial dispute?
A. Dispute related to the audit contract between KPMG and Citigroup
B. Dispute related to the copyright patents between Tesla and Mercedes
C. Dispute related to the copyright of Than Dong Dat Viet between Le Linh and Phan Thi My Hanh
D. Dispute related to the non-competitve agreement between Baker McKenzie and Latham & Watkins
24. The judges in the first-instance trial deliberately ignored an important document, provided by the
defendant, which can change the verdict in the commercial disputes between EY Vietnam and
PwC Vietnam. Which procedures can be requested by the defendant?
A. Cassation within 1 year from the date that first – instance adjudication was conducted
B. Re-opening within 1 year from the date that first – instance adjudication was conducted
C. Cassation within 1 year from the date that the verdict comes into effect
D. Re-opening within 1 year from the date that the verdict comes into effect
E. Appellate within 15 days from the date that first – instance adjudication was conducted
25. During the session for settling the dispute between a French business man and a Australian
business man at the Ha Noi People’s Court, _____ is the language that will be used A. Vietnamese B. French C. English
D. As agreed by the involved parties
26. Which of the following is not correct about arbitration agreement?
A. Arbitration agreement must be established in written form
B. Arbitration agreement may be terminated according to the agreement between all the involved parties
C. Arbitration agreement may exist as a document which is totally seperated and independent from the business contract
D. Regardless of the types of dispute, whenever there is an existing arbitration agreement, involved
parties must settle their dispute at the arbitration center