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Addressing International Legal and Ethical Simulation
Geralyn N. Adams
LAW/421
July 09, 2014
Kerii Landry-Thomas

Addressing International Legal and Ethical Simulation
In this paper I will discuss the issues discussed in the University of Phoenix “Addressing international legal and ethical issues simulation”. In the University of Phoenix simulation (2014), CadMex Pharma a pharmaceutical company based in Tampa, Florida established a business relationship with Gentura based in a small developing country, Candore. Several events take place between the two companies and impacts the business operations of CadMex Pharma. The companies are establishing a contract that CadMex will license their technology and provide expertise. Since CadMex doesn’t have the resources for manufacturing and marketing the product globally, Gentura will give CadMex those rights. In any case that international business arises, business owners, and management must use precaution to avoid ethical, legal, and cultural issues.
The United States has to make sure that when they are entering into an agreement with another country the contract is legally enforceable and is confirmed by the U.S Company. Each country encountering in international business transactions needs to be aware of all international laws and legislations and its changes. In consideration of foreign business, the U.S must know all the laws enforced in the country and that country could deny further business transactions if possible legal action is taken. The laws in other countries are not the same here in the U.S, so it is important to be aware of this. If a law is broken, it may be implemented in the U.S, but not in another country. As we all know a contract is a binding agreement, but it is only binding if the law agrees with it. The relationship that is established between countries is very important. A good

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