Legal action against a foreign business partner


Write down a 350 word summary. In your paper, answer the given questions:

What are the issues comprised in resolving legal disputes in international transactions? Give a real world illustration.

Write down some practical considerations of taking legal action against a foreign business partner based in the other 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 must prevail? Describe why. Give a real world illustration.

Explain how would you compare the issues in this simulation to the domestic legal issues? How must companies resolve domestic and international issues another way? 

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Accounting Basics: Legal action against a foreign business partner
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