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Addressing International Legal and Ethical Issues Simulation Summary

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Addressing International Legal and Ethical Issues Simulation Summary

In this paper, I will concentrate on several different issues proceeding into any legal binding business contracts involving international businesses. When proceeding into international contract agreements it is important to complete the proper research. Most countries have different laws and regulations that all businesses must follow when business is conducted in that country. Before any problems arise, it will be important to research laws such as copyright laws, taxation laws, patent protection laws, and employment laws.

Companies that are involved in business with contracts in another country must have some type of legal implantation (Melvin, 2011). Violated contracts must be enforced to resolve any problems. Outlining possible disagreements in advance will help to avoid future conflicts for all parties involved. If business is being conducting in The United States, The United States has the power to stop all the businesses transactions if the lawsuit was filed on The United States by that business (Melvin, 2011). When arranging foreign business, all laws and regulations must be followed and respected, if I am doing business in China I must follow the laws and regulation of China because The United States business laws may not be valued. Legally binding contracts are only honored in the countries where they are made for.
The CEO from CadMex expressed the value of several important options as well as different concerns. Sublicensing agreements take effect when a business has too many agreements and dose not incorporate sub-paragraphs. A lawsuit is likely to be filed on the business or organization if the contractors make a mistake or cause something to go wrong which would make the business or organization liable for damages. A worker who is within the sublicense can open a

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