International Lega and Ethical Issues

International Legal and Ethical Issues Celina Garcia-Sanchez integrity/421 Gregory Martin What argon the issues involved in resolving legal disputes in foreign transactions? The issues are what choice of law clause you are spill to use in the contract in case of dispute or breach of contract. The other issue is what forum selection clause is spillage to be used if theres ever an issue or dispute. Both are very important issues to address before getting into contract with a foreign rail line.You need to bewilder in musing in what part of the world you want legal action to take place if your note partner based in another bucolic What are some practical considerations of taking legal action against a foreign business? The considerations would have to be how far do you want to take your legal action and how is it going to affect future business with the comp each. A consideration would be if arbitration is an option. It would be so oftentimes better and faster if the busines s would solve their issues this way.What factors could work against CadMexs finality to grant sublicensing agreements? If they grant sublicensing agreements to other companies, they will be losing money. But on the other hand they can put in a clause where they will collect a certain percentage of royalties for a unyielding period of time and that can help balance the loss they are taking by sublicensing. But by doing so, it also makes them look to a greater extent ethical with higher moral values. When the local usance and laws conflict with the customs and laws of an organization operating abroad, which should prevail?The customs where the business is being conducted, it makes to a greater extent sense to do it this way due to the fact that the country where the business is being done has employees and the employees go by the laws of their own country. They are more familiar with them. How would you compare the issues in this simulation to the domestic legal issues discussed i n your Week One readings? How should companies resolve domestic and international issues differently? I dont think they should resolve issues differently, the way they are doing it respectable now by using CISG, WTO, OEDC, and IMF all those organizations help resolve any dispute they may have.