International Legal and Ethical Issue University of Phoenix 2008 International Legal and Ethical Issues The “Addressing International Legal and Ethical Issues” simulation discusses the contract between a US pharmaceutical company called CadMex Pharma and a company called Gentura in the country of Candore. When international agreements are made‚ the company has to make sure that the contract is legal and the terms will be enforced. Defining contract terms explicitly is very critical. For
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Addressing International Legal and Ethical Issues Tinna Walker LAW421 Tad Davis June 24‚ 2013 Addressing International Legal and Ethical Issues In the simulation‚ I had to come face to face with several legal struggles through the business ventures of CadMex and Gentura. The first issue that we had to deal with was the issue of addressing international sales. I decided to go with the option of International Sale of Goods as the choice of law and International Arbitration to resolve any contract
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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
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When addressing a legal dispute in international transactions views in changes in legislation‚ clashes of interest and ethical dilemmas must be taken into consideration and acknowledging of the local culture is also paramount to a successful solution to a legal dispute. One practical consideration is to implement an A D R in case a legal action is necessary; it’s less costly and expeditious than settling in local courts and both parties may suffer less red tape when dealing with governments that
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Addressing International Legal and Ethical Issues Deborah Countryman LAW/421 University of Phoenix April 15‚ 2013 Chontele McIntyre Addressing International Legal and Ethical Issues There are several issues involved when resolving legal disputes in international transactions. Sometimes the local customs and laws conflict with the customs and laws of an organization operating abroad. However‚ the anticipation of disputes and the methods of resolving them should be
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International Legal and Ethical Issues Kim Johnson Law 421 January 22‚ 2013 University of Phoenix International Legal and Ethical Issues International transactions require an understanding of laws and culture in foreign lands. Issues that could pose lethal in international trade are choice of law‚ jurisdiction‚ culture and political interference represent areas to stay focused on. Understanding international contracts and court processes will assist when considerations regarding legal action
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International Legal & Ethical Issues Law/421 March 3‚ 2014 Timothy Morris I. What are the issues involved in resolving legal disputes in international? The understanding of foreign laws and which laws are applicable‚ the different cultures and government (Political). All the different ventures that will be entering to‚ employee issue and supplier. Which arbitrator to use to settle differences. II. What are some practical
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Addressing International Legal and Ethical Issues LAW 421 Addressing International Legal and Ethical Issues In this simulation CadMex Pharma a pharmaceutical company in the U.S and Gentura a biotech company in the country of Candore are facing international contracts‚ transactions‚‚ and sublicensing agreements. Gentura will provide licensing rights to their hypothetical anti diabetic drug in exchange Cadmex’s global experience and quick manufacturing techniques hoping to lead them into a
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completing the simulation‚ which was designed to address international legal and ethical issues for a company‚ there were a number of things that can be taken for granted within the United States but is though upon differently in other countries. It was interesting to note that there are distinct issues that must be addressed in resolving legal disputes‚ especially in international transactions. One issue is that there needs to be a clause‚ written within the contract‚ which will address how issues will
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Unit 3 Individual Project-Rights and Obligations Travis Pernell American InterContinental University International Legal and Ethical Issues in Business Instructor Kerri Holloway April 3‚ 2011 Abstract This paper will discuss the four elements that make up a valid contract and the objective theory surrounding contracts. This paper will discuss how the objective theory applies to the Leonard v. Pepsico‚ Inc. case. The paper will also discuss how the court reached its decision to claim that
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