What are some practical considerations of taking legal action against a foreign business partner based in another country? When a company is doing business in another country the company must take under consideration that laws are not the same in a country. The United States have different laws than China. If a law is broken it may be enforceable in one country, but not the other. Although a contract is a legal agreement, it is only legal if the law of the country agrees. What factors could work against Academe’s decision to grant us blessing agreements?
When a company is doing business in another country legal ND ethical issues will always be factor. Cultures are different in other countries, and like Candors countries can be politically unstable. Candors lacks experience in international trade. There is limited enforcement in Candors by the Ignited States courts. The laws of Academe in the united States may not preside in Candors. If a problem arises Academe reputation can be ruin and financial damage can occur and their business can suffer from it. The company can be sued and be liable for damages that may occur.
Subleasing agreements takes a lot of control away from the United States court system. When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? Explain why The laws and the local customs should prevail if conflicts shall arise. Each country has different laws. If a business wants to grow in another country, they must respect the country culture in order to become a successful business. How would you compare the issues in this simulation to the domestic legal issues discussed in your Week One readings? Without rules and guidelines there would be total chaos.
Everyone would think they were right and nothing old ever get accomplished. When a company is doing international business they have to abide by the laws of the country. When a country enters into a contract with another country laws may differ. To protect the business it is good to know all the legal aspects of the contract. If a business has no knowledge the company should hire a lawyer so that contracts can be understood. How should companies resolve domestic and international issues differently? Resolution of international issues needs to be done with the cultural expectations of the other country in mind (Delaney, 2012).