Due diligence should be done before, during and after an international agreement. “Whenever a U.S. firm enters into a contract situated in a different country, it should make sure the agreement is officially enforceable.” (Melvin, 2011) Each company must understand the international trade regulations, mandates and laws; in addition to the cultural nature of their international business partner. Continuous legal and business discovery will allow for intentional neutrality in both good and threatening
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Addressing International Legal and Ethical Issues Simulation Summary LAW/421 March 26, 2013 Addressing International Legal and Ethical Issues Simulation Summary The simulation “Addressing International Legal and Ethical Issues” discusses the contract between CadMex, a United States pharmaceutical company based in Tampa, Florida with Gentura, a biotechnology company based in the small, developing country of Candore. Explicitly defining contract terms is imperative. Even with international courts
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LAW 421 WEEK 2 Individual Assignment Addressing International Legal and Ethical Issues Simulation Summary University Of Phoenix Complete the Addressing International Legal and Ethical Issues simulation located on the student website. Write a 350-word summary of the simulation using APA format. In your paper, answer the following questions: * What are the issues involved in resolving legal disputes in international transactions? * What are some practical considerations of taking
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Addressing International Legal and Ethical Issues Simulation Summary Michael Moore LAW/421 SEP/ 15/ 2014 Robert Kinsella Addressing international legal and ethical issues summary The issues of resolving legal disputes in international transactions occurs frequently. Many companies involved with international transactions must be enforced in contracts between companies and countries. Just as in the simulation between the U.S. CadMex and Gentura located in Candore had to do
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Addressing International Legal and Ethical Issues Simulation Summary Lisa Jones Law/421 October 31, 2012 Mark Hinueber Addressing International Legal and Ethical Issues Simulation Summary The International Legal and Ethical Issues of working with foreign companies planning to enter an international contract may perhaps wish to study a different system of resolving disputes without going to court. This system which is known as Alternative Dispute Resolution (ADR) offer neutral tools
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Addressing International Legal and Ethical Issues Simulation Summary Taylor Jones LAW/421 November 20, 2012 International Legal and Ethical Issues Simulation Summary International transactions require certain legal criteria for proper processing. When one country wants to venture into another country to globally market a product, they must consider the legal ramifications and other possibilities that could happen once they are established in that country. In the case of CadMex Pharma wanting
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Addressing International Legal and Ethical issues Simulation Summary Janella Fisher LAW/421 June 16th, 2014 Rosalie Drawbaugh Addressing International Legal and Ethical issues Simulation Summary When issues are involved in resolving legal disputes in international transactions an international mediation should take place for determining these international disagreements. In the meantime, there should be a stipulation of dispute resolution put into place whether or not if any infringements
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Addressing International Legal and Ethical Issues Simulation Summary Brandon P. Cabico LAW 421 February 23, 2015 joe smith Addressing International Legal and Ethical Issues Simulation Summary International transactions and dispute resolutions require both the knowledge of the law and awareness to unfamiliar culture, politics, formal and informal power structures and decision-making approaches. Whether collecting assets in the U.S., assembling a collective venture with an Asian organization
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Addressing International Legal and Ethical Issues Simulation Summary LAW/421: Contemporary Business Law University of Phoenix Addressing International Legal and Ethical Issues Simulation Summary On 2007, CadMex created a technique to develop a quick manufacturing of medical agents. Meanwhile Gentura located in Candore which is under dictatorship, also developed a technique entitled ProPrez which is an anti-diabetic agent. After deliberation CadMex and Gentura
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Addressing International Legal and Ethical Issues Simulation Summary LAW/421 August 31, 2015 Addressing International Legal and Ethical Issues Simulation Summary There are a few issues that must be considered in determining the best way to resolve legal disputes in an international transaction. Change in legislation, international laws and cultural difference are among the issues to consider. An issue that must be considered is how the contract was set up. If the company chose the wrong
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