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