Resolving legal disputes in international transactions


Complete the Addressing International Legal and Ethical Issues simulation located on the student website.

Write a 350-word summary. In your paper, answer the following questions:

· What are the issues involved in resolving legal disputes in international transactions?

· What are some practical considerations of taking legal action against a foreign business partner based in another country?

· What factors could work against CadMex's decision to grant sublicensing agreements?

· When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? Explain why.

· How would you compare the issues in this simulation to the domestic legal issues discussed in your Week One readings? How should companies resolve domestic and international issues differently?

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Accounting Basics: Resolving legal disputes in international transactions
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