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Business law in the EU EN 24/25

Business law in the EU EN 24/25

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What is the role of the Customs Union with regards to the EU's other integration projects?

It has no role in the EU's other integration projects

It is only relevant for trade with third countries

It is a minor component of the EU's other integration projects, such as the competition policy

It is indispensable, as the single market would be inconceivable without the Customs Union

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What does novelty mean in the context of patent protection?

Not previously published, disclosed, or publicly available prior to the first filing date

Being useful in some practical, tangible, technical sense, to consumers and enterprises

Being unique and creative

Being different from existing inventions

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For the election of the European Parliament:

the voting system used has to respect the double majority rule

the voting system used is decided by the European Commission

the voting system used has to respect the proportional representation

each Member State can decide which voting system applies

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Under what conditions can discoveries, theories, or mathematical formulae be patentable?

If they are related to technology

If they are put into a practical context, are new, and inventive

If they are published in scientific journals and are inventive

If they are approved by a patent examiner

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What is one advantage of trade secrets compared to registered Intellectual Property Rights?

No formal registration required

Unlimited term of protection

Disclosure of invention not required

Associated protection

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Which were the founding countries of the European Economic Community in 1958?

Greece, the USA, the UK, Russia, The Netherlands and Belgium

France, Germany, Italy, Ireland, Belgium and the UK

Greece, the UK, Ireland, Luxembourg, Belgium and The Netherlands

France, Germany, Italy, Luxembourg, Belgium and The Netherlands

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What is the core idea behind trade facilitation?

To promote unfair trade practices and subsidies

To increase trade barriers and protect domestic industries first

To restrict international trade and promote self-sufficiency

To simplify and harmonize trade procedures to reduce transaction costs

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The ordinary legislative procedure:

may imply two readings of European Parliament and Council

implies that the readings of the proposals are decided by the Commission

always implies two readings of European Parliament and Council

implies three readings of the European Commission, European Parliament and Council

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The direct effect of the EU law accommodates that:

the European citizens cannot invoke the EU rules before the International Court of Justice

the European citizens can invoke certain rules of EU law before their national courts

the European citizens can invoke certain rules of EU law before the international court of justice

the European citizens cannot invoke the EU rules before the courts

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The mission of the European Commission includes:

The imposition of sanctions to the Court of Justice of the EU

The adoption of the EU legislative acts, jointly with the Council

The judicial review of legislative acts

The proposal of the EU legislative acts

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