LAW 421 WEEK 2 Individual Assignment University Of Phoenix WEEK 2 INDIVDUAL ASSIGNMENT NAME: DATE: LAW 421 INSTRUCTOR: Once I finished participating in the simulation I began to see many problems when it came to the practices and the resolving of international transaction disputes. I took some resourcefulness to navigate through difficulties of working with two separate sets of protective laws. One of the major problems I encountered was that you are forming one agreement for two different companies, each with their own set of government policies regarding business. Each of the two parties involved should do their part to protect against legal disputes, for instance drafting a choice-of-law clause. This action is a good start, so that both parties define and protect specific laws.
International Legal and Ethical Issues Keith Shaheen LAW 421 January 17, 2013 Simone Tyler International Legal and Ethical Issues Setting up a contract between Cadmex Pharma; in the United States and Gentura in the country of Candore; must be mutually beneficial for both companies. The contract should protect the rights of a company against any disagreements or disputes. American business in foreign countries will need to consider the different cultures, customs, ethical differences, international laws, and political situations when negotiating any contracts. Both companies will have to determine which laws to follow when attempting to resolve any disputes. In this scenario there are two types of laws to choose from are,
Those rules (Laws) change as society changes, and citizens can adjust the way they want to enforce them. In today’s society, law becomes an important role by helping maintain the social control within businesses, organizations, communities, and daily life. The law assists in protection and control of life. Disputes are resolved by the designed rules that will give citizens the knowledge of what is acceptable and what is not. People feel much safer after justice is served.
The one problem with the code of ethics is that we can't always have the answers black and white. Sometimes there are grey areas where the answers aren't so simple. Business ethics - Generally it's coming to know what is right or wrong in the workplace and doing what's right with regard to effects of products/services and in relationships with stakeholders. Business ethics strive to evaluate proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance.
But, knowing what constitutes the unauthorized practice of law is very important because we as paralegals have to perform many legal task that were originally performed by lawyers. So, it is necessary to identify when this conduct might cross the line into unauthorized practice of
The law requires you to follow the agreed ways of working. Your companies policies and procedures or agreed ways of working tell you how you are required to work. They incorporate various pieces of legislation as well as best practice. These are in place to benefit and protect you, the individuals you support and your employer. They also enable you to provide good quality service working within the law and most importantly aim to keep you and the individuals you support, safe from danger or harm.
Addressing International Legal and Ethical Issues After taking the simulation CadMax company is faced with several types of legal, ethical dilemmas in entering into a business contract overseas. These dilemmas can occur in several different areas as the country of Candore is a dictatorship, and they are currently in the process of becoming a WTO signatory. When a company is going into agreement with a business with a variable political and economic structure the international law system can face many obstacles CadMax and Gentura are entering into a contract where CadMax is getting the global marketing rights for their medications and Gentrua will receive the technological knowhow to produce these products. The laws that would
One challenge is that the employers must keep abreast of the changes related to federal employment law and develop individual policies accordingly. The employers must adhere to the laws in order to avoid law suits and put forth effective leadership. Employment relationships are considered to be a contract. As a result, serious consequences can arise if there are any violations of the contract. Another challenge is that there are many restrictions on the employer related to employment law.
It state that without effective education in the business environment in other counties, employees and business partners are more likely to make incorrect judgments by putting themselves as well as the company at risk of a infringement. The United States companies and their representative and subsidiaries offices must establish strong interior accounting control. The U.S. employers also must ask the tough questions of employees and must work with the persons to come out with a legal solution that still allows them to be competitive. This act cannot be a one time discussion or a few comments after a preparation sitting. It should be an ongoing exchange of ideas that helps the company expand a sound approach for meeting the market necessities within the limitations of the Foreign Corrupt Process
You can also talk about the legalities and ethical considerations, and I would make sure to touch on the financial side of the issue as well. One last note: Make sure that you remember to NAME your sources when you submit the final draft. This is especially important if you want to avoid problems with plaigerism. Material which has been written or published by other people is protected by copyright law in most cases, and by intellectual