Question
Critically analyse what law is and the role law plays in doing business internationally b) Critically evaluate the applicability of a significant range of laws
Critically analyse what law is and the role law plays in doing business internationally b) Critically evaluate the applicability of a significant range of laws and explain their impact on those carrying out professional and managerial duties c) Critically evaluate the multiplicity of laws and the conflicts they may present when doing business internationally d) Construct and justify recommendations to management on specific legal implications of doing businessContext Australian businesses may wish to expand their operations and enter new markets in other countries. Making contracts is fundamental to business practice and this assessment allows students to reflect on the types of contracts a business may enter and to consider what the law relating to contracts is in the country they seek to do business. This assessment builds on Assessment one (1) where research was conducted on the legal system of a chosen country. Instructions Assume that you are the director of an Australian company that does business in a number of overseas countries. Your company has decided that there is an opportunity to do business in the country that you researched in Assessment 1 (chosen country). Japan is my chosen country.Your task is to write a document appropriately referenced, that address the following matters: 1. State the nature of business your company is involved in. Be as creative as possible. For example, you may decide that you are a manufacturer who wishes to export goods to the chosen country. Alternatively, your company may provide services which can be offered in the chosen country or your company may wish to import goods and/services from the chosen country. 2. Explain in as much details as possible the business opportunity that has arisen for the company. Making contracts is fundamental to business practice. Your company will need to make contracts in the scenario country. Please ensure you ? Identify the types of contracts that your business would need to enter in order to do business successfully in the scenario country. Explain why these contracts are necessary. ? Identify and explain the sources of contract law in the chosen country. ? Identify and explain the legal requirements for the creation of a valid contract in the chosen country. ? Explain the remedies for breach of contract in chosen country. ? Discuss whether it would be necessary to appoint an agent in the chosen country and an explanation for your decision. ? Identify whether Australia has a Free Trade Agreement with chosen country and explain the implications of this. ? Identify any specific regulations that apply in the chosen country based on the nature of your company's business.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started