would solve their issues this way. What factors could work against CadMex’s decision to grant sublicensing agreements? If they grant sublicensing agreements to other companies‚ they will be losing money. But on the other hand they can put in a clause where they will collect a certain percentage of royalties for a long period of time and that can help balance the loss they are taking by sublicensing. But by doing so‚ it also makes them look more ethical with higher moral values. When the local
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the law agrees. One last thing to consider are certain countries can deny further business transactions in that country should they file a lawsuit (Melvin‚ 2011). What factors could work against CadMex’s decision to grant sublicensing agreements? The problem with sublicensing agreements is when a company or organization chooses to develop multiple amounts of them‚ the more they increase their chances of having a lawsuit brought against them. Should the company forget to include in sub-paragraphs
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foreign international business‚ in this case Cadmex ’s Pharmaceutical company being granted licensing agreement. Of importance is the political and economic stability that is dictatorial nature of Candore country in which the partnering company is located. In addition‚ Candore is not a signatory to any of the major international trade conventions hence economic performance and growth may be unpredictable‚ hence affecting the alliance between the Cadmex and Gentura ’s companies. Ethical and cultural
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law agrees with it. If there is a good relationship with the country‚ then the business should be able to trust that the country will make good on it. What factors could work against CadMex’s decision to grant sublicensing agreements? A business runs into difficulties with sublicensing agreement when they choose to make several of them‚ growing a business chance of having lawsuits created against them. Presume a business unnoticed including the sub-paragraphs within the contract which would relieve
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contract negotiation process is essential. Implementing a Convention of Contracts for the International sale of Goods (CIGS) is one way to ensure rules for drafting sales and contracts are upheld in foreign nations. One factor that could work against CadMex is the political influence that is held in the Gentura company. The country Gentura is located in is Candore‚ the government owns the majority stake in the company. Candore has a court system that has recently been restructured‚ and not always been
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Tamiflu Case Summary Tamiflu (generic name: oseltamivir) is an antiviral medication that works against most but not all strains of flu — it is not effective against flu strains that have become resistant to it. Used preventively during an outbreak‚ Tamiflu significantly reduces the likelihood of illness. Used as a treatment (if taken promptly after the onset of symptoms)‚ it may significantly reduce the duration and severity of illness. As the world’s health officials prepare for a pandemic
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Addressing International Legal and Ethical Issues Simulation SummaryAddressing International Legal and Ethical Issues Simulation Summary 1. What are the issues involved in resolving legal disputes in international transactions? The issues involved in resolving legal disputes in international transactions include but are not limited to the signing of contracts designed to protect both parties‚ choice of clause‚ which forum to use when settling a dispute and if arbitration‚ if used‚ will be
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Eskimo Pie Corporation Introduction Reynolds Metals is the majority owner of the ice scream company Eskimo Pie Corporation and has decided to sell this company. Nestle Foods provided the highest offer of $61 Million. Due to delays of the Nestlé’s purchase‚ Reynolds Metals has take into consideration the IPO proposal of David Clark‚ president of Eskimo Pie Corporation‚ rather than selling the company to Nestle Foods (Case Study‚ 2001). This analysis will identify the current value of the
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Addressing International Legal and Ethical Issues Simulation Summary Student Name LAW/421 August 17‚ 2012 Instructor Name Addressing International Legal and Ethical Issues Simulation Summary In this paper‚ I will discuss many of the issues addressed in the University of Phoenix simulation "Addressing International Legal and Ethical Issues". It is important to understand how to address international legal and ethical issues in order to create strong business relationships internationally
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Stand-Alone Value There are many valuation methods that could be used to evaluate this company. Finding a method that valuates the stand-alone value is difficult. The stand-alone value should be dependent upon the firm’s own assets and projected future income. We decided to evaluate this company based upon two methods: The Discounted Cash Flow Method and the Comparable Companies Method. Discounted Cash Flow Method takes the forecast free cash flows during forecasted horizon. Then we estimate
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