Addressing International Legal and Ethical Issues. Paper
Addressing International Legal and Ethical Issues
Law/ 421
Addressing International Legal and Ethical Issues
What are the issues involved in resolving legal disputes in international transactions? If a United States company go into contract with another country, the United States must verify that the contract is legal and enforceable. International companies should do the same if they are doing business in the United States. Laws are different in each country. A company must make sure they have an understanding of the laws within the country which business is conducted in. The laws from one country to another can make or break you.
What are some practical considerations of taking legal action against a foreign business partner based in another country? When a company is doing business in another country the company must take under consideration that laws are not the same in a country. The United States have different laws than China. If a law is broken it may be enforceable in one country, but not the other. Although a contract is a legal agreement, it is only legal if the law of the country agrees.
What factors could work against CadMex's decision to grant sublicensing agreements? When a company is doing business in another country legal and ethical issues will always be factor. Cultures are different in other countries, and like Candore countries can be politically unstable. Candore lacks experience in international trade. There is limited enforcement in Candore by the United States courts. The laws of CadMex in the United States may not preside in Candore. If a problem arises CadMex reputation can be ruin and financial damage can occur and their business can suffer from it. The company can be sued and be liable for damages that may occur. Sublicensing agreements takes a lot of control away from the United States court system.
When the local customs and laws conflict with the customs and laws of an organization operating abroad,
Law/ 421
Addressing International Legal and Ethical Issues
What are the issues involved in resolving legal disputes in international transactions? If a United States company go into contract with another country, the United States must verify that the contract is legal and enforceable. International companies should do the same if they are doing business in the United States. Laws are different in each country. A company must make sure they have an understanding of the laws within the country which business is conducted in. The laws from one country to another can make or break you.
What are some practical considerations of taking legal action against a foreign business partner based in another country? When a company is doing business in another country the company must take under consideration that laws are not the same in a country. The United States have different laws than China. If a law is broken it may be enforceable in one country, but not the other. Although a contract is a legal agreement, it is only legal if the law of the country agrees.
What factors could work against CadMex's decision to grant sublicensing agreements? When a company is doing business in another country legal and ethical issues will always be factor. Cultures are different in other countries, and like Candore countries can be politically unstable. Candore lacks experience in international trade. There is limited enforcement in Candore by the United States courts. The laws of CadMex in the United States may not preside in Candore. If a problem arises CadMex reputation can be ruin and financial damage can occur and their business can suffer from it. The company can be sued and be liable for damages that may occur. Sublicensing agreements takes a lot of control away from the United States court system.
When the local customs and laws conflict with the customs and laws of an organization operating abroad,