International Legal & Ethical Issues simulation
Essay specific features
Written by:
Jennifer J
Date added:
October 23, 2015
Level:
University
Grade:
A
No of pages / words:
2 / 512
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7875 times
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Essay content:
Defining contract terms explicitly is very critical. For example, deciding which laws will govern the business decisions (local, American, or popular international), and the Forum Selection Clause where the type of dispute resolution is specified. International arbitration is the most commonly used contract dispute resolution because it’s cheaper and business can go on as usual while the dispute is in arbitration...
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International arbitration is the most commonly used contract dispute resolution because it’s cheaper and business can go on as usual while the dispute is in arbitration.
Examples of International business transactions are technology transfer and product licensing. Intellectual property rights are another feature of international business...
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