International Business
Essay Preview: International Business
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There are still many needs to be noticed in the international business. When doing a company has a comprehensive background knowledge about the other country, such dispute in international business can be avoided.
2.2 The dispute in negotiation
Each party of this case all claim his right with their own reasons, and would like to refer to their law. As no one would like to make a concession, how to solve this problem? I found three solutions to this problem.
2.2.1 Solving these problems
2.3 American law or German law?
Since both countries have different legal systems, U.S.–Common Law, and Germany– Civil or Code law, we will have different results. Then, if we try to solve this case by the U.S. courts, the party that will win the case is the seller, since the other party did not specify the quality of the goods.
If the jurisdiction of this case were of the German courts, it might win as well the seller since the buyer did not specify the quality of the goods, even though this party could appeal that since the goods are for German market should have the German standards.
In order to avoid all the probabilities that problems may arise, it is important to include in the contract which law is applicable, and specify the quality of the good, delivery, date, price, place of origin, certificates that must have and all the important facts of the goods.
2.4 American courts or German courts?
2.5 The role of SRC played in this case
3. Conclusion
Secondly, religion has a great influence on international business. Although, it is not implied in the premier case, it will cause similar problems.
f the jurisdiction of this case were of the German courts, it might win as well the seller since the buyer did not specify the quality of the goods, even though this party could appeal that since the goods are for German market should have the German standards.
In order to avoid all the probabilities that problems may arise, it is important to include in the contract which law is applicable, and specify the quality of the good, delivery, date, price, place of origin, certificates that must have and all the important facts of the goods.