Addressing International Legal and Ethical Issues Simulation Summary

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Addressing International Legal and Ethical Issues Simulation Summary Your Name LAW 421 September 11, 2012 Your Instructor What are the issues involved in resolving legal disputes in international transactions? Any time there are contracts with other countries, there has to be some kind of clause for resolving legal disputes. Additionally the clause must include some type of enforcement to ensure resolution (Melvin, 2011) What are some practical considerations of taking legal action against a foreign business partner in another country? Since United States law is only enforceable in United States courts, the laws of the foreign country must be taken into consideration. Because the law of the foreign country is the only law that can be enforceable contracts are only as good as the backing of the country's backing and are only binding in that instance. A country can stop all transactions from that business if they file lawsuit on that country (Melvin, 2011). What factors could work against CadMex's decision to grant sublicensing agreements? An organization that has too many sublicensing agreements and does not have sufficient sub paragraphs could find difficulties enforcing the sublicensing agreement. The organization could experience lawsuits if any of the contracted workers have any problems and could leave the organization liable for damages When the local customs and laws conflict with the customs and laws of an organization operating abroad which should prevail? Explain why. Local customs should always prevail. When there is conflict with local customs and laws a business could suffer from a poor reputation defined as insensitive to the foreign company that the business is being conducted in. When companies operate overseas there needs to be some kind of work through that will cover both the foreign sensibilities as well as the rules

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