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 legal action against a foreign business partner based in another country? * What factors could work against CadMex's decision to grant sublicensing agreements? * When the local customs and laws conflict with the customs and laws of an organization operating
Words: 652 - Pages: 3
Phoenix What are the issues involved in resolving legal disputes in international transactions? When dealing with outside countries all contracts must be able to have some type of legal implementation . There has to be some type of enforcement on the contract or it may never be resolved. What are some practical considerations of taking legal action against a foreign business partner based in another country? The law of other countries
Words: 418 - Pages: 2
Issues 1. What are the issues involved in resolving legal disputes in international transactions? The issues that are involved in resolving legal disputes in international transactions are, first you need to understanding and sensitive of the foreign law, culture, politics, formal and informal power structures and decision making approaches. This applies whether you are forming a joint venture with an Asian company, or enforcing contracts with European suppliers. 2. What are some practical
Words: 509 - Pages: 3
conclusions on the questions presented in the syllabus. We will discuss the issues involved in resolving legal disputes in international transactions. What are some practical considerations of taking legal action against a foreign business partner based in another country. What factors could work against CadMex’s decision to grant sublicensing agreements. When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? How will I compare the
Words: 433 - Pages: 2
how to deal with when you are going to join into or do business in any other country other than the U.S. In this stimulation of CadMex Pharma and Gentura, they are facing several international contracts, transactions, ethical issues and sublicensing agreements. CadMes Pharma is a pharmaceutical company in the U.S. who offer quick manufacturing techniques and has dealt with global issues often. Gentra is a biotech company in the country of Canodre which have the licensing rights to a hypothetical
Words: 842 - Pages: 4
RODNEY E. HAYS LAW 421 ADDRESSING INTERNATIONAL LEGAL AND ETHICAL ISSUES AUGUST 7, 2014 KEVIN MINCHEY Addressing International Legal and Ethical Issues Simulation Summary 1. What are the issues involved in resolving legal disputes in international transactions? In a standard legal dispute involving from an international trade transaction, it is foreseeable that an issue in the jurisdiction of private international law might
Words: 556 - Pages: 3
the risk. In this paper, one will briefly describe legal dispute in international transactions and will comment in the scenario in week two assignment. What are the issues involved in solving legal disputes in international transactions? Before any action can take place, both parties need to take into consideration each other’s laws. Factors such as local and international laws can be difficult. The differences in political and culture platform also have an important role in the success of conducting
Words: 576 - Pages: 3
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 of the courts. A business would also have to worry about that they will only know their laws and nothing about any other countries laws when it comes to doing business internationally. What are some
Words: 451 - Pages: 2
action against a foreign business partner based in another country from being more of a headache can be to making sure that the laws between the countries have written documents stating that they have reached a mutual agreement and understand the terms and conditions under the English laws and courts by each party. Some other considerations can be to providing a hard copy to confirm their negotiations and embrace a provision of arbitration incase if a disagreement should arise. The factors that could
Words: 532 - Pages: 3
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
