1. You are a vice president of a multinational corporation headquartered in North America. You are asked...
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2. Assume that a Korean company manufacturing critical tail assemblies for commercial aircraft ships several defective assemblies to manufacturers in the United States. The CEO, a Korean national, was not only aware of the defects at the time the assemblies were being made but was also responsible for knowingly using inferior parts. He even threatened an engineer with termination if he leaked the truth. One of the assemblies failed on the American-made plane, leading to the crash of a Canadian-flag passenger airline on takeoff from New York. When the investigation leads to him, he flees Korea for Saudi Arabia, where he lives for several years in luxury. Which countries have jurisdiction to prosecute the Korean citizen, and under what legal principles? You do not need to research any international treaties, but you should base your analysis on general principles from this chapter.
3. Your company owns and operates a factory in a foreign country when it is invaded by a neighboring army over a border dispute. The invading government claims that your factory is actually on land belonging to them. Their soldiers destroy your buildings, threaten your employees, and arrest your local manager. While a complete answer to resolving this question will have to wait until later in the book, what recourse do you think you might have under international law against the invading country, if any? How might you proceed? Do you think it would be of any help to contact the U.S. State Department? Why?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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International Business Law And Its Environment
ISBN: 9781305972599
10th Edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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