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Business Law !

The legal environment of international trade

QuestionAnswer
What is Conducting Business Internationally ? Export Sales: A direct sale to customers in a foreign country Foreign Distributorships: Take title to goods and bears the financial and commercial risks for the subsequent sale .
What is a contract? A contract is a legally binding agreement between two or more parties, creating enforceable obligations.
Why have law? The order or pattern of rules that society uses to govern the conduct of individuals and their relationships is called law.
What are the legal rights ? A right is a legal capacity to require another person to perform or refrain from performing an act. Our rights flow from the U.S. Constitution, state constitutions, federal and state statuses
What is Conducting Business Internationally ? Export Sales: A direct sale to customers in a foreign country Foreign Distributorships: Take title to goods and bears the financial and commercial risks for the subsequent sale .
What is a contract? A contract is a legally binding agreement between two or more parties, creating enforceable obligations.
Why have law? The order or pattern of rules that society uses to govern the conduct of individuals and their relationships is called law.
What are the legal rights ? A right is a legal capacity to require another person to perform or refrain from performing an act. Our rights flow from the U.S. Constitution, state constitutions, federal and state statuses
What are the differences between Criminal Laws vs Civil Law? Criminal law violations carry fines and imprisonment as penalties. Civil laws carry damage remedies for the wronged individual.
What is Constitutional law? Constitutional law is the branch of law that is based on the constitution for a particular level of government.
Define Administrative Law? are rules promulgated by state and federal administrative agencies, such as the Securities and Exchange Commission (SEC) and the Environmental Protection Agency (EPA).
What are the differences between Criminal Laws vs Civil Law? Criminal law violations carry fines and imprisonment as penalties. Civil laws carry damage remedies for the wronged individual.
Created by: user-2039432
 



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