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Half Essay Example For Students

Half Essay BrainedYour mind has different sides. Also, each has an unmistakably extraordinary path oflooking at the world. Do you underst...

Sunday, March 22, 2020

Addressing International Legal and Ethical Issues Simulation Summary E

Addressing International Legal and Ethical Issues Simulation Summary E Addressing International Legal and Ethical Issues Simulation Summary LAW/421 October 27, 2014 Addressing International Legal and Ethical Issues Simulation Summary When resolving legal disputes in international transactions countless issues may be involved. According to Melvin (2011), a U.S. firm entering into a legal contract with one from another country, the U.S. firm should ensure that the agreement could be officially enforced. This also applies to the foreign firm, which is the reason it is so important for businesses to stay updated on international trade regulations and laws. Some of the issues involved in the resolution of international transactions are political and cultural. An example of a cultural issue that can arise in an international transaction between a company in the U.S. and a company in China would be if business discussions were brought up too soon by the U.S. company. This is because China has a cultural tradition of discussing issues of personal or social matters before dealing with the business side of things. In international law, legal disputes can be resolved properly with the avoidance of these types of cultural an d political differences, which is the reason companies need to be aware of them. When taking action against a business partner in a foreign country, the first thing that needs to be considered is the laws of the other country. This is essential when trying to ensure the actions against the international business partner are taken legally based on the laws of their country. Although the U.S. legislation might have similarities to those of another country, there are likely to be some very important differences. Because U.S. laws only pertain to the U.S., the upheld laws are going to be those of the business partners country. Consequently, verifying that the case is even relevant, based on the laws of that foreign country is also something to consider. A behavior that is deemed illegal in the U.S. may not be viewed as so in another country. Therefore, the need to completely understand the laws of business in a foreign country is so important before business can be conducted with a company in that country. Ultimately, consideration of the ramifications due to taking legal action against a nosiness partner of another country must be taken into account as well. If not, conducting business in that country in the future may not be an option. One major factor that may work against the decision CadMex made in granting sublicensing agreements is that as more agreements are granted, the chance of a legal case occurring is higher. CadMex needs to have the inclusion of sub-paragraphs in all of their agreements so that they can be protected from any legal actions taken against them. Without the sub-paragraphs, legal accountability for financial losses due to a lawsuit filed against a company, who holds a contract with CadMex, by another country, can be pinned to CadMex. When organizations in different countries partner in business, and the customs and laws of those countries are in conflict, the local countrys laws and customs take precedence over the laws and customs of the partner country from abroad. If a company in the U.S. is conducting business in China, then the laws and customs of the U.S. cannot be enforced; Chinas laws and customs hold precedency. As business is conducted in China by both foreign and domestic companies, only the laws of China hold valid; there is no adaptation to the laws of the foreign country abroad. Accordingly, during conflicts related to a foreign company conducting business within a country, the nation where business is being conducted is the governing laws and customs that will be upheld. The decision to start a contract for business between two companies is made with the expectations that the legally bound contract is protected by laws of the U.S. Regrettably, not every scenario has this outcome. Certain situations occur where one company is protected by state laws, where the other company is not. Marijuana, for example is legal in some states, but not all. Before entering into contracts, companies must also consider state laws. When there are issues of a domestic nature, domestic courts handle the issues and both companies are familiar with the laws. Disputes of international nature are dealt with

Thursday, March 5, 2020

Social Environment essays

Social Environment essays Social Environment and Its Effect On One's Life Social environment is influenced by one's power and wealth. This, in turn, determines success or failure in peoples' lives. If one were born with a "silver spoon" in his mouth, he would easily be able to attend a fancy school no matter how intelligent he is or have any luxury he wants just because of power and wealth. On the flip side, if one were born to a poor family in a bad neighborhood infested with violence and drugs, he would have a much smaller chance of succeeding in life, more especially, going to an upper-class school. It is hard for many poor to go to college because of such high tuition costs. Scholarships are available; but, even though one shows financial need, one still has to have a high grade point average and test scores. Even if one has a good mind, trying to study in a gang-ridden neighborhood with constant gunfire isn't easy. With both parents working two jobs, there isn't any parental guidance. Whereas, the affluent, even if busy or working, have the means to insure that their children are supervised and well taken care of. The rich also have the luxury of affording special tutors to help their children while other For example, there are three students, one from a clean, upper-class community, another from a small, middle-class suburb and the other from a graffiti-ridden slum. All three of these students have exceptional GPA's and scored very well on standardized testing. The student from the upper-class community will have the best chance of succeeding. Tuition will never be a problem and chances are that those parents have some pull because of who they are. The middle-class student won't have a great problem but there is still the fact of paying tuition, which would limit the options quite a bit. One may be smart enough to get grants but the family makes too much money. Also, if he ...