Addressing International And Ethical Issues Simulation Summary

  • Simulation Summary

    Simulation Summary The issues that can be involve in resolving legal disputes in international transactions would be the conflict of laws. Some of the laws are concern with civil and commercial. This can be the jurisdiction of a Court, the law governing the relationship and the recognition and enforcement of the judgments. What some practical consideration in taking legal action against a foreign business is to look at the written agreement (contract). In the contract it should state the

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  • International Legal and Ethical Issues Simulation

    . In a domestic environment, some issues can be solved without seeking legal action. Unfortunately, international disputes cannot be resolved so easily and require the practices and procedures of international laws and customs. References Melvin, S.P. (2011). The Legal Environment of Business. Retrieved from The University of Phoenix eBook Collection database. THE UNITED STATES DEPARTMENT OF JUSTICE. (n.d.). Foreign Corrupt Practices Act. Retrieved from http://www.justice.gov/criminal/fraud/fcpa/ University of Phoenix. (2012). Addressing International Legal and Ethical Issues Simulation [Multimedia]. Retrieved from University of Phoenix, LAW421 - Contemporary Business Law website.

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  • International Legal and Ethical Issues Simulation

    database. The United States Department of Justice. (n.d.). USDOJ: CRM: FRAUD: Foreign Corrupt Practices Act (FCPA). USDOJ: CRM: FRAUD: Foreign Corrupt Practices Act (FCPA). Retrieved November 11, 2012, from University of Phoenix. (2012). Addressing International Legal and Ethical Issues Simulation [Multimedia]. Retrieved from University of Phoenix, LAW421 - Contemporary Business Law website.

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  • Ethical Issue

    ”. Cyber-behavior among their citizens, it is essential for each an every nation assume about what way, possible to stimulate principles of ethics. When new problems as they appear sequentially in any avocation then ethics convention approach by aptitude for accomplish induction done. It evolves from an understanding of principles in different situation how to assign them, prediction at the current time, only with decide and generous reaction into ethical issues is human begins portable into

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  • Addressing International Legal and Ethical Issues

    Addressing International and Ethical Issues Stimulation Summary Michelle Straughter LAW/421 November 18, 2012 Corey Foster Companies should be aware of possible pitfalls of the international business arena. Disagreements and disputes are common in international trade. Ethical issues are precisely complex when setting certain standards in international businesses. Different nations establish their standards by expanding countries. In this stimulation summary addressing international legal

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  • International Legal and Ethical Issues Simulation Summary

    International Legal and Ethical Issues Simulation Summary What are that issues involved in resolving legal disputes in international transactions? “Whenever a U.S. firm enters into a contract situated in a different country, it should make sure the agreement is officially enforceable” (Melvin, 2011). The same thing is important with a international company. They have to make sure they are fully aware of any changes that are made to global rule and regulations in the agreement. What are some

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  • International Legal and Ethical Issues Simulation Summary

    International Legal and Ethical Issues Simulation Summary The most important thing to consider when solving international disputes is whether or not the contract is legally enforceable in all countries. Countries are ruled by different rules and regulations and the business initiating the contract needs to take into consideration the law, culture, and ethics of the country they are doing business with. When considering sublicensing agreements, CadMex must ensure that all quality standards

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Addressing International Legal and Ethical Issues Simulation Summary Denny Harrold LAW/421 April 22, 2013 Kevin Hiatt Addressing International Legal and Ethical Issues Simulation Summary What are the issues involved in resolving legal disputes in international transactions? Some of the issues that are involved in resolving legal disputes in international transactions would be lack of knowledge of the other countries laws, and government interference when it comes to the

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  • Ethical Issue

    1. Identify the Ethical Issue in the case? Ethical issues typically arise because of conflicts among individuals' personal they work, and those of the society in which they live.The business environment presents many ethical conflicts. A company's efforts to attain its organizational objectives may collide with its employees' endeavors to achieve their own personal objectives. 2. Assume you are Carla. Discuss your options and what the consequences of each option might be? Yes, because

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Role and Functions of Law John Scheri University of Phoenix LAW/421 Contemporary Business Law Michael Bowman July 25, 2013 Role and Functions of Law In today’s world of business and society the law plays a large role in the daily operations that most people are involved in. Laws set a general guideline for ethical standards and rules to follow. The law also provides ways to uphold the rules and ways to settle disputes. If there were no laws to govern what we as people do within our

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  • Ethical Issue

    perform her own elevated seal heat test from now on. This scenario says a lot about the ethical situation at Bryson Corporation. It is quite obvious that Bryson Corporation does not have effective ethical precautions in place. They only seem to be concerned with making a profit for the company. As an independent ethical consultant, I would suggest to Bryson Corporation to provide an ethics-training course to all current and future management and employees. It would raise ethical awareness and

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  • Ethical Issue

    transmitted disease, and if they bring in the letter with them the testing will be free of charge. By having them bring the letter this keeps everything confident since the letter will have a special coding on what test should be test needs to be performed. Alternative to Address the Dilemma There are six main steps with addressing an ethical dilemma based on the National Association of Social Workers (Murphy, 1997). The step involves are Determining, Identify, Rank, Develop, Implement, and Reflect

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues CadMex Pharma and Gentura are the two companies discussed in the simulation. CadMex Pharma is a pharmaceutical company in Florida that invests in the research and development of drugs and manufacturing techniques (University of Phoenix, 2004). Gentura is a biotechnology company in Candore that focuses on biopharmaceutical products (University of Phoenix, 2004). Gentura developed a new drug for diabetes and is considering a partnership with

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  • Addressing International Legal and Ethical Issues Simulation Summary

    rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. It is often considered to be a branch of civil law and deals with issues of both public laws and private laws. Public laws are those derived from some government entity. Private laws are recognized as binding between two parties even though no specific statute or regulation provides for the rights of the parties. Most companies use legal advice when making important business

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues LAW/421 Addressing International Legal and Ethical Issues When conducting business international it can be difficult for both parties to come to an agreement. Companies that conduct international business will need do research on the company and how they will help each organization out. This week’s simulation was about CadMex Pharma and Gentura. CadMex Pharma is pharmaceutical company based in Tampa, Florida. Gentura is a

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  • Addressing International and Ethical Issues

    Addressing International Legal and Ethical Issues Wayne Lambeth LAW 421 October 21, 2013 Richard Blackwell Addressing International Legal and Ethical Issues There are different ways that legal and ethical issue that can happen in the world of international business. A simulation has been viewed and completed that describes these issues and the possible decisions that can be made in those situations. The company is named CadMex Pharma who specialize in pharmaceutical development as

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  • Law 421 Week 2 Addressing International Legal and Ethical Issues Simulation Summary

    Addressing International Legal and Ethical Issues Simulation Summary LAW 421 September 23, 2013 Addressing International Legal and Ethical Issues Simulation Summary There are several things a company must be aware of when conducting international business. This can be considered a slightly more daunting task than your local commerce. Several factors must be considered such as knowledge of local laws, cultural differences, international laws, and any political situations that can come up

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Ayanna Segure LAW/421 September 11, 2013 Carol Terry In this simulation CadMex  Pharm pharmaceuticals went into business with in Cadore with hopes of expanding on the breakthrough medication Propez that was produced by the biotechnology company Gentura. The two companies ate facing international contracts, as well as sub licensing agreements. The agreement was of the company Gentura to provide licensing rights for CadMax due to the global

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  • Addressing International Legal and Ethical Issues Simulation Summary

    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

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Simulation Summary There are several legal and ethical issues a company must be aware of when conducting business internationally. This can be considered a slightly more daunting task than your regular business dealings locally. Knowledge of laws, differences in culture, international laws and any political situations that may arrive are some of the factors to be aware of and consider prior to conducting international business. When a

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  • International Legal and Ethical Stimulation Issues Summary

    International Legal and Ethical Stimulation Issues Summary Cathey Billups LAW/421 January 12, 2014 Shenia C. Kirkland, Instructor This summary will be addressing issues that involves resolving international legal disputes, practical considerations in taking legal actions, factors that will work for granting sublicensing agreements and customs and laws of an organization and local custom and laws. The issues involved in resolving legal disputes in international disputes

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues There are many differences between conducting international business from domestic business. Every country has unique laws and customs that differ from a foreign company operating within their borders. Most companies understand that it is essential for them to honoring and respecting the laws and customs of their host country to keep a productive relationship. Laws in the United States forbid discrimination for religious, sex, race, or

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  • Ethical Issue

    Damila Hicks Case Problems in Business Prof. Trina Lynch-Jackson February 16, 2014 Ethics Issue One of the major ethical issues that businesses face today is discrimination. There is a broad spectrum on discrimination in the workplace. The topic that I chose to discuss is gender discrimination. Although there are laws that are in place to protect women from gender-based discrimination in the workplace it still happens. Women often have to hide their pregnancy in fear of not being

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues In the simulation CadMex faced many challenges when setting up and operating internationally in a country where customs, culture, and laws are different from stateside. Organizations must make decisions on which countries legal system will apply to disputes and how they are resolved. It also must consider the implications of legal action against their foreign partner or government. Failure to address these issues before signing an agreement

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  • Addressing International and Legal Ethics

    ). The Solid Building Blocks of an International Agreement. Retrieved March 15, 2008, from http://www.negotiations.com/articles/international- business/ Bereznicki-Korol, T., Clarke, T. & Yates, R. (2005). Business Law in Canada (7th ed.). Toronto, Canada: Pearson. University of Phoenix. (2007). Addressing International and Ethical Issues Simulation. Retrieved March 16, 2008, from University of Phoenix, Week Four, Resource. BUS415-Business Law Course Web site: https://mycampus.phoenix.edu/secure/resource/resource.asp Ethics in Business. (2008). Business Ethics. Retrieved March 16, 2008, from http://www.ethicsinbusiness.net/about/ dr

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Complete comprehension of national and international law is required to conduct a business transaction. Understanding these laws will help in resolving legal disputes, and taking legal action against a foreign business partner. Also knowing what priority to set local customs and laws at, when operating abroad. Finally, how companies could resolve domestic and international issues differently. Resolving Legal Disputes in International

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  • Addressing International Legal and Ethical Issues Simulation Summary

    international and domestic issues are how they are handled in the corporate world. In the simulation, the employee had to come up with an outcome that was advantageous for the company based out of the United States as well as the company that operated from foreign lands. This is the same situation as when two companies located stateside, make a decision that they are going to work together. Both companies they have to decide on a contract that benefits them both and on other issues, such as

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues simulation Eduardo Aguayo LAW 421 September 25, 2014 Richard Burgoon Addressing International Legal and Ethical Issues simulation International transactions and dispute resolutions require both an understanding of the law and a sensitivity to foreign culture, politics, formal and informal power structures and decision-making approaches. The International Transactions and Disputes Group offers counsel to U.S. and foreign-based clients

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues LAW/421 Contemporary Business Law October 4, 2014 Addressing International Legal and Ethical Issues In the “Addressing International Legal and Ethical Issues” simulation; a company named CadMex was in discussions to do international business with a company from Candore named Gentura. The issues that were involved in resolving legal disputes in international transactions are that the company from the United States, CadMex; had to be

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Michael Walker LAW/421 November 18, 2014 Professor Dustin White Addressing International Legal and Ethical Issues This paper will discuss some of the issues big businesses most consider when engaging in business internationally as learned from the International Legal and Ethical Issues simulation. We will examine the most frequently asked questions regarding what’s legal and ethical in our chosen country to best serve and protect all

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  • International Legal and Ethical Issues Simulation Summary

    An international company should have a very specific contract agreement with their out of country partners specifying the form of law as well as the forum of which disputes are handled. Some of the issues addressed in this simulation were ethical issues and government issues. One ethical issue was when the country was having a viral epidemic they forced the foreign company to breach their contract to supply enough medication to save peoples lives. In this issue some practical considerations

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Simulation Summary John Smith LAW / 421 December 18, 2014 Pamela Alexander Addressing International Legal and Ethical Issues Simulation Summary Operating a business in a foreign country can be both profitable and beneficial; however there are some risks in doing business in a country that has different laws than the United States. Local laws and customs can conflict and that’s when operating can become challenging. The local laws must

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues NAME Law/421 05/12/2014 Milton Luoma Some key considerations in resolving legal disputes is choosing the choice of law. Parties to an international business transaction must choose law that is acceptable to both of them. In many international business transactions the U.N. Convention on International Business Transaction contracts for the International Sale of Goods will apply by default unless otherwise negotiated. There is also a

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Addressing International Legal and Ethical Issues Simulation Summary Rania Kisar Law/421 Feb 22, 2015 John Huschen Resolving legal disputes in international business transactions require understanding of the substantive law, the political system, and the cultural habits of the foreign nation. Contract agreements that include the Choice-of-Law Clause and Forum Selection Clause such as in the simulation of CadMex (University of Phoenix, 2015), will ensure adherence of both parties to dispute

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  • Addressing International Legal and Ethical Issues

    of having a good contract in place, and this is not necessarily true in international business. As previously stated, understanding the entity that you are dealing with and having alternative dispute resolution processes in place can help an organization to avoid getting tangled up for years in an international dispute, References Contemporary Business Law I . (2014, May 24). Retrieved from Simulation - Addressing International Legal and Ethical Issues: https://ecampus.phoenix.edu/secure/aapd/vendors/tata/UBAMSims/business_law1/intl_legal_ethical/business_law1_intl_legal_ethical_frame.html Melvin, S. P. (2011). The Legal Environment of Business: A Managerial Approach: Theory to Practice. New York: McGraw-Hill.

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  • Ethical Issue

    | Business Ethics | Ethical Issue: Nepotism in workplace | | | | | | Table of Contents Ethical Issue: Nepotism in the Workplace 1 Reference 2 Ethical Issue: Nepotism in the Workplace An ethical issue according to business dictionary. com, can be defined as “a problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical)”. There are many ethical issues facing the

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Addressing International Legal and Ethical Issues The issues that are involved in resolving legal disputes in international transactions are, the need to understand the sensitive nature of the foreign law, culture, politics, formal and informal power structures and decision making approaches. A complete study of the laws and culture of doing business in a foreign country should be addressed before any contracts are written. Some

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  • Addressing International Legal and Ethical Issues

    Addressing International Legal and Ethical Issues Simulation LAW/421 Addressing International Legal and Ethical Issues Simulation Businesses worldwide are branching into new markets to maximize their profits and customer base. This increase in globalization is creating new and expanded concerns when it comes to international legal and ethical issues. The simulation presented to students in week 2 introduced some of the issues that might arise in the international business world

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Due diligence should be done before, during and after an international agreement. “Whenever a U.S. firm enters into a contract situated in a different country, it should make sure the agreement is officially enforceable.” (Melvin, 2011) Each company must understand the international trade regulations, mandates and laws; in addition to the cultural nature of their international business partner. Continuous legal and business discovery will allow for intentional neutrality in both good and

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  • Ais Simulation Summary

    certification, and the final priority buildings, with training of an in-house security team, the expected company loss is reduced on all three areas and the implementation cost is minimal. The number one priority of company assets should be the asset that is at the most risk. For Ramos International, the asset with the highest percentage of risk is cash. Works Cited Bagranoff, N. A., Simkin, M. G., & Norman, C. S. (2008). Core Concepts of Accounting Information Systems. New York City: Wiley & Sons, Inc.

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  • Addressing International Legal and Ethical Issues Simulation

    Addressing International Legal and Ethical Issues Simulation Simona Lewis LAW/421 February 11, 2015 Robert Allison Addressing International Legal and Ethical Issues Simulation There are more than a few legal and ethical issues that are concerning the company called CadMex. Nevertheless, a lot of these problems is about global dealings, overseas business partner, and certain decision made by the corporation. What are the issues involved in resolving legal disputes in international

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  • Law 421 Week 2 Addressing International Legal and Ethical Issues Simulation Summary Law421 Week 2 Addressing International Legal and Ethical Issues Simulation Summary

    role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. LAW 421 Week 2 Addressing International Legal and Ethical Issues Simulation Summary Complete the Addressing International Legal and Ethical Issues simulation. Write a 350-word summary. In your paper, answer the

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  • Ethical Issue

    Nicholas Hostetler (Russell Crowe). The biggest issues in this movie are the lack of integrity, abuse of power and corruption. The summarize is that Billy worked as a police in the City of New York but he was fired and then starts working as a private investigator. After 7 years Bill was hired for the Mayor to investigate Cathleen, the mayor’s wife, because the mayor think she was having an affair and he agree to pay Bill 50,000 dollars for the job, so he accept. Bill begins to investigate

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Addressing International Legal and Ethical Issues Simulation Summary Name LAW/421 Date Professor Addressing International Legal and Ethical Issues Simulation Summary In the country of Candore and Gentura, there has been a development of anti-diabetic medicine named, Proprez. This development has taken place in Gentura, which is a biotechnology company. The company CadMex Pharma is interested in licensing the manufacturing company, which is located in

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  • Ethical/Legal Simulation

    Ethical/Legal Simulation MEMORANDUM (Confidential) Date: June 5, 2011 Subject: Plan of Action To: From: ____________________________________________________________ ____________ Introduction The following are items that need to be implemented in order to address our Immigrant concerns of the school and the community include: teaching cultural diversity in the classroom, adopt policies that are law in regard to immigrant children such as legal requirements for

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  • Addressing International Legal and Ethical Issues

    Week 2; Addressing International Legal and Ethical Issues LAW 421 Forum selection should be determined during contract negotiation and execution so in the event of a dispute both parties know if the dispute will be settled in a U.S court, a local court or by either binding or non-binding arbitration. If both parties are members or the World Trade Organization (WTO), they are encouraged to try arbitration first, but if it is unsuccessful, they can turn to the WTO Disputes Settlement Body

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  • Ethical Issue

    In our recent lectures, we discussed numerous ethical foundations that exhibit day to day life and its meaning. Christianity ethics is the ethical foundation that I most discussed in the previous paper. The reason I stressed this ethical issue is because I feel it can be implemented by many in all career and success. My future career is in psychology, which is a field that deal majority with behavior. The ethical issue that would most likely happen in my career is a confidentiality breech

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  • Addressing an Ethical Issue

    stakeholders of Performance Coal Company were identified as the individual miners and their representatives, government organizations, the community, families of the miners. The major concerns were the loss of life, the loss of livelihood, the loss of jobs, the loss of the product, not complying with safety violations. Ethical problems involve considering a range of actions and their corresponding consequences. The thing that makes ethical problems difficult to deal with is that they involve

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  • Addressing International Legal and Ethical Issues Simulation Summary

    Addressing International Legal and Ethical Issues Simulation Summary LAW/421 July 2, 2012 Kathryn Harris Abstract This paper discusses many of the issues discussed in the simulation on addressing international legal and ethical issues. This paper discusses many of the issues involved in resolving legal disputes in international transactions. Some of the issues discussed include selecting local counsel, fully understanding the foreign laws, due diligence, and choosing the right law and

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  • Addressing International and Ethical Issues

    Addressing International Legal and Ethical Issues Simulation Summary Law/421 • What are the issues involved in resolving legal disputes in international transactions? Resolving legal disputes in international transactions should have an international arbitration for resolving disputes internationally. There should be a legal backing to enforce contracts with cross-border multi-jurisdiction transactions. Thus, a dispute resolution clause should be added just in case there are any

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