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Addressing International Legal and Ethical Issues Simulation Summary
Devon Knowles
February 23, 2014
Law/ 421
Val Castillo








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The text states, Whenever a U.S. firm enters into a contract situated in a different
country, it should make sure the agreement is officially enforceable (Melvin, 2011). Therefore,
resolving legal disputes in international transactions also pertain to issues resolved in legal
disputes in global companies. Global companies should always acknowledge amendments made
to the global rules and regulations (Melvin, 2011).
When taking legal actions against a foreign business partner based in another country
there are always some practical considerations. These considerations consists of the guidelines of
the country; the country that has elected to conduct business. In most cases countrys overseas
are not always equal to the legislations law enforced the United States. It is important that
agreements are made when transacting business in other countries. These agreements are known
as binding contracts when both countries come to an agreeance. In some cases some countries
may even refuse to conduct further business with a particular country if the country files a case
(Melvin, 2011).
Factors that work contrary to the CadMexs decision for granting sublicensing
agreements occur when businesses choose to enhance the possibilities of cases brought against
them by choosing to develop records of sublicensing contracts. Businesses must always
incorporate sub-paragraphs in the transaction agreements; the business must take responsibility
of any financial difficulties by pardoning the business of any legality outstanding to the
contracts. These fiscal difficulties can come from either the business or an individual who sues
the businesses documented in the sublicensing contract (Melvin, 2011).
When native rules and traditions clash with the rules and traditions of a company working
overseas, they should not have any explanation. This is because the rules and traditions of the
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company in the United States would succeed over the company that the United States has chosen
to work with. In most cases the company in the United States would sign an agreement that
confirms, they will transact business pertaining to the rules and traditions of the nation (Melvin,
2011).





















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Reference:
Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to
practice. New York, NY: McGraw-Hill/Irwin.