1. Teneo Company in Dallas is a large company. It decides to expand into Latin America and become a multinational in its operations for the first time. Its senior management is confused about how to best operate in Latin America. Is it best to focus on the application of local and national domestic laws only to its operations or should it have a higher standard of employee conduct as a goal? Is legal compliance with the laws of each separate nation its best strategy to keep out of trouble? 2. Can international law be applied in the courts of a local US court? 3. Chile enters into a contract with Cement Works of Illinois, Inc., in Chicago (CWI), to purchase 2,000 tons of its manufactured cement to be used by the Chilean government to construct a new public road through a remote area of that country. The cement is manufactured and shipped to Chile which later claims the cement was of inferior quality than intended and does not pay the $10,000,000 purchase price owed. CWI files a lawsuit against the Chilean government in a federal court in Chicago to collect this sum. Chile claims foreign sovereign immunity under FSIA and asks the court to dismiss case. What are the arguments CWI will use to be allowed to continue court's jurisdiction? 4. ABC Company in New York has an opportunity to enter into a sales contract to sell 10,000 bikes to DEF Company in Taiwan. There is an impasse in negotiation with DEF because it insists that the parties select only the courts of Taiwan to resolve disputes under the contract and apply Taiwanese law. As the adviser to ABC, what do you suggest they consider as a response?