Law 421 International Legal And Ethical Issues Research Paper
International Legal and Ethical Issues Toronio Elam
LAW/421
October 7, 2013
Titus Nichols
International Legal and Ethical Issues
In week two of LAW/421 there has been an objective set forth in addressing international legal and ethical issues based upon the web simulation. Amongst this objective there has also been a list of questions given to anchor the body of the summary. Addressed in this summary will be the issues involved in resolving legal disputes in international transactions. Another key factor in this summary will be the discovery of practical consideration of taking legal action against a foreign business partner based in another country. Finding out what factors that could work against CadMex’s decision …show more content…
The biggest issue with money is that it is a fight over who is going to receive it and who is not. For the sake of resolving or preventing legal disputes in international transactions legal backing in efforts to enforce contracts with cross-border multi-jurisdiction should be established.
What are some practical considerations of taking legal action against a foreign business partner based in another country?
Contractual legal agreements should be drawn upon starting a business. Between the foreign business partners based in another country there must be an agreement and legally enforceable. Despite the legal aspects of international business there too is a need to consider cultural and ethical behaviors eventually developed that my negative affect business in the long-run.
What factors could work against CadMex 's decision to grant sublicensing agreements?
Lawsuits could surface based upon negligence of a third person. Any time something outside of the agreement or damage of property by an employee the company would be held liable for this negligence. Also Gentura could violate its non-disclosure agreement and eventually sell CadMex’s ownership information to the highest
LAW/421
October 7, 2013
Titus Nichols
International Legal and Ethical Issues
In week two of LAW/421 there has been an objective set forth in addressing international legal and ethical issues based upon the web simulation. Amongst this objective there has also been a list of questions given to anchor the body of the summary. Addressed in this summary will be the issues involved in resolving legal disputes in international transactions. Another key factor in this summary will be the discovery of practical consideration of taking legal action against a foreign business partner based in another country. Finding out what factors that could work against CadMex’s decision …show more content…
The biggest issue with money is that it is a fight over who is going to receive it and who is not. For the sake of resolving or preventing legal disputes in international transactions legal backing in efforts to enforce contracts with cross-border multi-jurisdiction should be established.
What are some practical considerations of taking legal action against a foreign business partner based in another country?
Contractual legal agreements should be drawn upon starting a business. Between the foreign business partners based in another country there must be an agreement and legally enforceable. Despite the legal aspects of international business there too is a need to consider cultural and ethical behaviors eventually developed that my negative affect business in the long-run.
What factors could work against CadMex 's decision to grant sublicensing agreements?
Lawsuits could surface based upon negligence of a third person. Any time something outside of the agreement or damage of property by an employee the company would be held liable for this negligence. Also Gentura could violate its non-disclosure agreement and eventually sell CadMex’s ownership information to the highest