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Doing Business Overseas

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2.) Video Resource
The video we used for this project is 'Doing Business in the USA', presented by Scott James. It focuses on an overseas (UK) perspective regarding the legal environment surrounding doing business in the United States from another country; particularly intellectual property, market entry, contracts, and liability. He explains how intellectual property laws (copyrights, patents, trademarks) vary between the US and other nations, and advises foreign companies to register their intellectual property within the US in order to secure their rights in the event of dispute. With regard to entering the US market, James points out red tape surrounding obtaining Visa's, in addition to concerns over which type of company to set up in the US and how tax laws can impact this decision. James mentions contracts, and how they should be written to be effective under the law in the target nation; within the US disclaimers must be 'conspicuous' in order to be enforceable. Liability is the final element James discusses; the US has very strict liability laws for products: These center around the knowledge, action, and potential for action of those liable. James's seminar is significant to 'Global Business Environment' because it focuses on the legal environment surrounding doing business globally. Legal issues are a major part of the overall business spectrum; misread a law and your company can be liable for extensive damages. What are perfectly legal business practices in one country are often illegal in another: Understanding international legal environment differentials is key to understanding global business. (250 word count)
James, Scott (2012, December 19th). Doing Business in the USA. Retrieved from https://www.youtube.com/watch?v=RoOfkL_mvQU on 9/8/13. Running time:

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