Homework: Business Law
This is an individual task in which the student will answer the following questions:
i. Explain, with your words, what is Law and how important it is for the development of business environment in a Local and Global level? Give one example of a secondary source of law.
ii. Elaborate about the nature and content of Contracts. Give one example of an international agreement and how a more adequate Dispute Resolution Strategy can be adopted by the parties?
iii. What is the difference between public and private companies? How are Law and Governance intertwined in these 2 legal structures?
iv. Explain the importance of Arbitration for dispute resolution in international business. Elaborate about one case that was resolved by arbitration.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
It assesses the following learning outcomes:
i. Understand the role of law as a business and management tool;
ii. Identify different issues and laws applicable in the context of doing business.