Addressing International and Ethical Issues Stimulation Summary Michelle Straughter LAW/421 November 18, 2012 Corey Foster Companies should be aware of possible pitfalls of the international business arena. Disagreements and disputes are common in international trade. Ethical issues are precisely complex when setting certain standards in international businesses. Different nations establish their standards by expanding countries. In this stimulation summary addressing international legal and ethical
Words: 412 - Pages: 2
Addressing International Legal and Ethical Issues Simulation Summary John Smith LAW / 421 December 18, 2014 Pamela Alexander Addressing International Legal and Ethical Issues Simulation Summary Operating a business in a foreign country can be both profitable and beneficial; however there are some risks in doing business in a country that has different laws than the United States. Local laws and customs can conflict and that’s when operating can become challenging. The local laws must prevail
Words: 467 - Pages: 2
Addressing International Legal and Ethical Issues Simulation Summary LAW/421 July 2, 2012 Kathryn Harris Abstract This paper discusses many of the issues discussed in the simulation on addressing international legal and ethical issues. This paper discusses many of the issues involved in resolving legal disputes in international transactions. Some of the issues discussed include selecting local counsel, fully understanding the foreign laws, due diligence, and choosing the right law and dispute
Words: 1616 - Pages: 7
Addressing International Legal and Ethical Issues LAW/421 Addressing International Legal and Ethical Issues When conducting business international it can be difficult for both parties to come to an agreement. Companies that conduct international business will need do research on the company and how they will help each organization out. This week’s simulation was about CadMex Pharma and Gentura. CadMex Pharma is pharmaceutical company based in Tampa, Florida. Gentura is a biotechnology
Words: 586 - Pages: 3
Week2 Paper International trade can raise a lot of issues. Something so complex requires proper knowledge awareness. The conflicts that can arise in international trade can vary, legal disputes being one of them. When companies decide to do business internationally a contract is drawn. A legal dispute can arise if the contract is broken in any way. In the “Addressing International Legal and Ethical Issues” simulation Cadmex opted out of taking legal actions when the contract was breached do to Gentura
Words: 408 - Pages: 2
Addressing International Legal and Ethical Issues Simulation Summary Denny Harrold LAW/421 April 22, 2013 Kevin Hiatt Addressing International Legal and Ethical Issues Simulation Summary What are the issues involved in resolving legal disputes in international transactions? Some of the issues that are involved in resolving legal disputes in international transactions would be lack of knowledge of the other countries laws, and government interference when it comes to the ruling
Words: 458 - Pages: 2
Is money laundering a real problem in the world today? Ashford University By: A’ Lexis Gailes BUS670: Legal Environment Professor Robert Tocker May 25, 2014 Abstract Money laundering the process whereby the proceeds of crime are transformed into apparently legitimate money or other assets has been recognized as a criminal activity which causes serious social and economic damages. The traditional method of money laundering is through financial institutions. However, with the development
Words: 2964 - Pages: 12
International Legal and Ethical Issues Simulation Albert Weyant LAW/421 November 11, 2012 Taleed El-Sabawi International Legal and Ethical Issues Simulation The risk of legal disputes, between companies, during international transactions occurs frequently. Companies involved with international transactions must be certain that contracts between companies and countries are legally enforceable, or binding. Legally binding contracts offer a sense of security to the companies involved
Words: 798 - Pages: 4
International Legal and Ethical Stimulation Issues Summary Cathey Billups LAW/421 January 12, 2014 Shenia C. Kirkland, Instructor This summary will be addressing issues that involves resolving international legal disputes, practical considerations in taking legal actions, factors that will work for granting sublicensing agreements and customs and laws of an organization and local custom and laws. The issues involved in resolving legal disputes in international disputes are
Words: 319 - Pages: 2
should choose 1 then 3 for academic issues from the automated menu.”1-877-642-2999“Used for problems entering the class”1-866-448-6703 or 1-303-873-0005“Used for problems once in the class” | INSTRUCTIONAL MATERIAL | Kubasek, N. K., Brennan, B. A., & Browne, N. (2009). The legal environment of business: A critical thinking approach (5th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010). Business ethics: Ethical decision making and cases (7th
Words: 5313 - Pages: 22
