Which mode of entry would be suitable for a Caribbean country with little money hoping to enter the United States of America? O a. Acquisition O b. Establishing a new subsidiary O c. Partnerships O d. Exporting The contents of NAFTA include all, but which one of the following: а. Protection of intellectual property rights O b. Application of national environmental standards, provided that such standards have a scientific basis O c. Abolition of all tariffs on all goods traded between Mexico and Canada O d. Removal of most barriers on the cross-border flow of services
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- Licensing is A. offering the right to a trademark, patent, trade secret, or similarly valued items of intellectual property in return for a royalty or fee. B. contracting with a foreign firm to manufacture products according to certain specifications. C. when a foreign country and a local firm invest together to create a local business. D. having a company handle its own exports directly, without intermediaries. E. exporting through an intermediary, which often has the knowledge and means to succeed in selling a firm's product abroad.The Foreign Corrupt Practices Act: a) forbids U.S, companies from offering bribes when engaged in foreien business transactions. b) imposes penalties on foreign firms that try to bribe U.S. officials C) clearly states that all gifts that the representatives of a firm receive abroad constitute a form of bribery. d) protects American consumers from fraudulent foreign business practicesChoose the right answer. 2. (The law of Agency) Conflict of interest means ________________. a. Agent is interested in Principal business b. Principal is interested in Agent business c. Agent stands to compete with Principal interest d. Principal stands to compete with Agent interest 3. (Law of Contract) The agreement is _____________ if it is caused by mistake as to any law in force in Malaysia. a. voidable b. void c. valid d. illegal 4. (Law of Contract) Yan wants to borrow RM20,000 from her friend Pang and Pang agrees to lend the money if Yan agrees to pay the money to Cathy, his sister in four installments. The above situation illustrates the principle of __________. a. consideration need not move from the promisee b. part payments are valid consideration c. natural love and affection is valid consideration d. executory consideration is performed after contract is made
- 1. What is the difference between executed and executory consideration? 2. State any two courts in Ghana which are known as lower courts? 3.State one disadvantage of litigation. Explain the concept of remoteness of damages. What is arbitration? What is the difference between void and voidable contracts? What is the legal distinction between duress and undue influence as vitiating factors? Communicating of an offer must be made to a particular individual, groups etc. What happens if the communication is made to an individual that the offeror does not in tend to contract with? Where the contract is made to a specified person but is accepted by another person? Where an offer is communicated to a class or group of persons. Where an offer is communicated to the general public or the whole world. What is supervisory jurisdiction Exclusive jurisdiction Appellate jurisdiction Original jurisdiction? What are the brief facts and legal principles espoused in the following cases:…1. Do you believe that Eaton is “too tough” in its emphasis on refusing to allow bribery, evenin countries where bribery is acceptable?2. “When in Rome, why not do as the Romans do?” Do you agree or disagree with this sentenceas it pertains to Eaton’s policies in dealing with international governments?3. When individuals are found to act unethically, why doesn’t Eaton give them a reprimandand a second chance?4) The result of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions was to make it mandatory for companies to adhere to the pollution control standards of their home country in all the nations in which they do business. consider payment of speed money to be moral, but illegal. make grease payments mandatory in order to obtain exclusive preferential treatment in a host nation. make it obligatory for companies to adopt a zero-tolerance approach toward grease payments. make bribery of foreign officials a criminal offense but not consider facilitating payments a criminal offense. 6) Shondra works as a sales representative for Solar Corp. Last year her sales target was $2 million and this year in an aggressive bid for growth, the company increased the sales quota for all its salespeople to $4 million, although the market for Solar Corp.'s product has slowed. In order to meet her target, Shondra bribed an official of a potential…
- 1- A is an investor. 2- B is construction Company. A has contracted with B to construct a factory in Oman. The first payment has been received by B and started working for three months. Oman has adopted new regulation relating the security in the factories. This regulation required new materials and changes in the construction of the factory. All of this has raised the price of the actual contract. A has asked be to include the materials and the do the changes according to the new regulation adopted by the government at the same price and conditions according to the contract signed. B has decided to stop the work and asked to renegotiate the contract and the prices. A has no budget to finance the new materials and the changes in the factory and asked B to continue work and do the changes. You have been contacted as mediator between the A and B Please answer the following: What kind of relation between A and B2Consider Directors Jack is one of 4 directors of Electric Cars Ltd; the company imports green, environmentally friendly vehicles from a sole supplier Acheron Ltd in the UK. Every year the contract between Electric Cars Ltd and Acheron is renegotiated however this year, Acheron indicate to Jack they want to expand their business in New Zealand and include electric bikes. Jack tells the other directors that Electric Cars is reducing their business in New Zealand but secretly incorporates another company. Jack and his wife are the directors of the new company and it takes 50% of Electric cars business and takes up the opportunity to sell electric bikes as well. Jack resigns from Electric cars. The other directors realise that business is suddenly declining and discover that Jack’s new company is taking their business. With reference to directors 1. Explain to Jack – who is eligible to be a director of a company in New Zealand? a. Would your answer be different…This case describes a hypothetical situation faced by a fictitious international conglomerate, ICL, that intends to enter the retail grocery market in Hong Kong. The conglomerate's interest in the Hong Kong supermarket industry was initially kindled by the plan of Hutchison Whampoa, Ltd. (HWL) to sell its leading supermarket chain PARKnSHOP in August 2013. However, in October 2013, HWL reversed course and decided not to sell PARKnSHOP, saying that the sale would not deliver maximum value to its shareholders. Before embarking into new territory, ICL wanted an in-depth understanding of the Hong Kong grocery market environment, competitors, and potential barriers to entry. The conglomerate was aware that the new Competition Law, which was expected to take effect in 2015, might have profound implications on the grocery market landscape in Hong Kong. Case Study Question. 1. Should the international conglomerate enter the retail grocery market in Hong Kong? If so, what could it do to…
- This case describes a hypothetical situation faced by a fictitious international conglomerate, ICL, that intends to enter the retail grocery market in Hong Kong. The conglomerate's interest in the Hong Kong supermarket industry was initially kindled by the plan of Hutchison Whampoa, Ltd. (HWL) to sell its leading supermarket chain PARKnSHOP in August 2013. However, in October 2013, HWL reversed course and decided not to sell PARKnSHOP, saying that the sale would not deliver maximum value to its shareholders. Before embarking into new territory, ICL wanted an in-depth understanding of the Hong Kong grocery market environment, competitors, and potential barriers to entry. The conglomerate was aware that the new Competition Law, which was expected to take effect in 2015, might have profound implications on the grocery market landscape in Hong Kong. Case Study Questions Analyze the competitive environment of the supermarket industry in Hong Kong and the competitive response of the two…This case describes a hypothetical situation faced by a fictitious international conglomerate, ICL, that intends to enter the retail grocery market in Hong Kong. The conglomerate's interest in the Hong Kong supermarket industry was initially kindled by the plan of Hutchison Whampoa, Ltd. (HWL) to sell its leading supermarket chain PARKnSHOP in August 2013. However, in October 2013, HWL reversed course and decided not to sell PARKnSHOP, saying that the sale would not deliver maximum value to its shareholders. Before embarking into new territory, ICL wanted an in-depth understanding of the Hong Kong grocery market environment, competitors, and potential barriers to entry. The conglomerate was aware that the new Competition Law, which was expected to take effect in 2015, might have profound implications on the grocery market landscape in Hong Kong. Case Study Question. 1. Analyze the strategic positions of PARKnSHOP and Wellcome in the market, and in particular, their bargaining power…This case describes a hypothetical situation faced by a fictitious international conglomerate, ICL, that intends to enter the retail grocery market in Hong Kong. The conglomerate's interest in the Hong Kong supermarket industry was initially kindled by the plan of Hutchison Whampoa, Ltd. (HWL) to sell its leading supermarket chain PARKnSHOP in August 2013. However, in October 2013, HWL reversed course and decided not to sell PARKnSHOP, saying that the sale would not deliver maximum value to its shareholders. Before embarking into new territory, ICL wanted an in-depth understanding of the Hong Kong grocery market environment, competitors, and potential barriers to entry. The conglomerate was aware that the new Competition Law, which was expected to take effect in 2015, might have profound implications on the grocery market landscape in Hong Kong. Case Study Question. 1. What strategies did PARKnSHOP and Wellcome use to overcome the challenges posed by their competitors? Are there legal…