This website uses cookies to ensure you have the best experience. Learn more

Addressing International Legal And Ethical Issues Simulation Summary

598 words - 3 pages

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 ...view middle of the document...

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 lawsuit against a business created within the sublicensing agreement (Melvin, 2011)

When local laws, regulations, or customs cause conflict with an organization’s operation the situation is to be handled one on one. Religious beliefs must be taken into consideration and may require certain steps to provide accommodation to employees. In most cases, local laws and regulations will overcome to prevent an expensive lawsuit founded by unions supporting employees. When conflict occurs, negotiating is the best way to resolve the problem without losing important components of company policy.

Comparing week one’s domestic legal issues to this week’s simulation there is similarity and here is why. Many corporations in the United States face these issues on a daily basis. The Human resource department of each company is designed to handle such problems when and if they should arise. Domestic issues are resolved easier than international issues because they are resolved according to the law of the United States. However, when in international waters, a corporation (even if it is American) must adhere to the laws of the country it is conducting business. Litigation and alternative dispute resolution options will apply.

It is important for any company to be dedicated and helpful to those the perform business with. As a business, it is important to follow local laws and regulations, and respect local customs. Companies who are conducting international business that come into conflict are most likely to choose litigation and arbitration to resolve the issue. When arbitration or litigation does not work, a straight forward, strict counsel with the knowledge is recommended to have a positive outcome.

Reference
Melvin, S. P. (2011). The legal enviornment of business, a managerial approach: Theory to practice. New York, NY: McGraw-Hill/Irvin.

Other Papers Like Addressing International Legal and Ethical Issues Simulation Summary

International Legal And Ethical Issues Essay

701 words - 3 pages Role and Functions of Law Laws provide rules of conduct and ethical standards that people, businesses, and organizations must follow in order to keep matters and differences under control and regulate social behavior. There are several functions and roles of laws in business and society which plays an important stand in business operations. Without laws and standards, businesses in today's society will be unsuccessful and society itself will

International Legal and Ethical Issues in Business

826 words - 4 pages Unit 1 Individual Project International Legal and Ethical Issues in Business American InterContinental University It is know that is anyone in the business world has legal obligations to keep their employees and

Ethical And Legal Issues

1267 words - 6 pages Nurses make legal and ethical decisions when caring for patients; decisions that need to be made carefully because the decisions could possibly change a patients' life. There are theories to explain how to problem solve ethically and the theories are not based on emotion (Guido, 2006). This paper will discuss the relationship between legal and ethical issues and ethical theories, examples will be provided.Ethics can be described as principles

Legal and Ethical Issues

840 words - 4 pages any further financial liabilities due to his Assignment 1 3 inability to pay and also his family situation with their financial issues. It was a surprise to the staff when they were able to speak with Armando, they found that he actually wanted all measures possible to save his life even though he would be

Social Legal and Ethical Issues

5339 words - 22 pages Chapter 5 Social, Legal, and Ethical Issues in the Information Age Teaching Objectives Students should be able to answer the following questions: 1. What ethical, social, and political issues are raised by information systems? 2. Are there specific principles for conduct that can be used to guide decisions about ethical dilemmas? 3. Why does contemporary information technology pose challenges to the protection

International Trade Simulation Summary

1468 words - 6 pages creates reasonably priced goods that are desirable to other countries. The contents of the paper will discuss the advantages and limitations of international trade as identified in the simulation and will indentify four key points from the reading assignments that were emphasized in the simulation. In addition there will be a discussion on the application of what was learned in the simulation to a familiar organization. Lastly there will be a summary

Social Issues and Ethical Responsibility Simulation

764 words - 4 pages Social Issues and Ethical Responsibility Simulation I will evaluate two simulations which are the Case of Fair Warning and the Case of Stringent Standards. In these two cases, the stakeholders include the various staffs of G- Biosport such as the Chief Executive Officer (CEO), operations director, quality control manager, director of public relations, shareholders of the company, and the consumers of the company

Ethical And Legal Issues In Nursing

1233 words - 5 pages Ethical and Legal Issues in Nursing University of Phoenix Nursing 391 Ethical and Legal Issues in Nursing Marianne, the 79-year old woman who presented with a hemorrhagic stroke in a recent case study, brings up thought for ethical debate. Her outlook is poor, with or without surgery, and she has no advanced directive. Her husband and children cannot come to an agreement on whether life support should end or if all resuscitative

Legal & Ethical Issues

1956 words - 8 pages Coriena Tuitt Report on legal and ethical issues Contents Introduction…………………………………………………………………………………………..1 Ethical issues……………………………………………………………………………………….. 2 Legal issues………………………………………………………………………………………….3 Legal, Ethical and operational issues……………………………………………………………..7 * Introduction This report will explain the legal and ethical issues that relate to the use of business information. l personally think that legal and ethical

Web Site Legal, Ethical, And Regulatory Issues

1399 words - 6 pages IntroductionThe three e-Business Web sites the team analyzed are Expedia.com, Orbitz.com, and Travelocity.com. The sites fall under the category of travel so it would seem that each company would encounter the same ethical, legal, and regulatory issues. An evaluation of each site will determine what, if any, of the above mentioned issues each e-business encounters and what resolutions are in place.ExpediaThe laws of the State of Washington

Ethical and Legal Issues with Physician Assisted Suicide and Euthanasia

534 words - 3 pages ABSTRACT: Medical professional have long prohibited physician involvement in assisting a patient's suicide. However, despite ethical and legal prohibitions, calls for the liberalization of this ban have grown in recent years. The medical profession should articulate its views on the arguments for and against changes in public policy and decide whether changes are prudent. In addressing such a contentious issue, physicians, policymakers, and

Related Essays

Addressing International Legal And Ethical Issues Simulation Summary

751 words - 4 pages The issues involved in resolving legal disputes in international transactions should always include an international arbitration for resolving disputes internationally. It should have legal backing to administer the legal contracts with international transactions. Therefore, a dispute resolution section should be included in the event that there are any violations that state a method of a resolution, such as litigation, arbitration and

Addressing International Legal And Ethical Issues

416 words - 2 pages 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

Addressing International Legal And Ethical Issues

881 words - 4 pages 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

International Legal And Ethical Issues Essay

658 words - 3 pages International Legal and Ethical Issues Simulation Analysis Businesses must ensure legal protection from other foreign country companies from adverse actions. There is high risk in international business transactions and CadMex need to protect against them. Steps to protect the business legally is crucial when selecting the choice-of-law, and selecting clause in the simulation. Establishing terms in a contract is important factor in a