Law 421 Week 2
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Law 421 Week 2
In 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 company 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 some practical considerations. These considerations consist of the guidelines of the country; a country has elected to conduct business with. In most cases Country's overseas are not always equal to the legislations laws enforce in the United States. It is important...