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?
Discuss the differences between substantive law, procedural law, criminal law, civil law, common law, and statutory law. Provide examples of each law and discuss what U.S. Constitution amendments were implemented to protect the rights of businesses and organizations. Discuss the topics you are comfortable with, the topics you struggled with, and how the weekly topics relate to application in your field.
Write a 350- to 700-word paper detailing the findings of your discussion.