© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal...

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© SOUTH-WESTERN THOMSON INTERNATIONAL BUSINESS LESSON LESSON 8-1 8-1 GOALS GOALS Identify and Identify and describe the legal describe the legal systems upon which systems upon which international law is international law is based. based. Explain product Explain product liability. liability. INTERNATIONAL LEGAL SYSTEMS AND LIABILITY

Transcript of © SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal...

Page 1: © SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal systems upon which international law is based. Explain.

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS

LESSONLESSON8-18-1GOALSGOALS

Identify and describe the Identify and describe the legal systems upon which legal systems upon which international law is based.international law is based.

Explain product liability.Explain product liability.

INTERNATIONAL LEGAL SYSTEMS AND LIABILITY

Page 2: © SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal systems upon which international law is based. Explain.

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Legal Systems

Civil lawCommon lawStatutory law

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Liability

Liability for debt, loss, and injuryProduct liability

NegligenceStrict liability

Page 4: © SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal systems upon which international law is based. Explain.

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS

LESSONLESSON8-28-2GOALSGOALS

Explain laws and Explain laws and international trade international trade agreements that protect agreements that protect property rights.property rights.

Describe when an Describe when an agreement has all of the agreement has all of the components of a contract.components of a contract.

PROPERTY AND CONTRACTS

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Property Rights and Responsibilities

Property lawIntellectual property

PatentsTrademarksCopyrights

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Components of a Contract

CapacityMutual agreementConsiderationLegal purpose

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Treaties and Trade Agreements

World Trade Organization (WTO)European Union (EU)North American Free Trade Agreement

(NAFTA)CanadaMexicoUnited States

Page 8: © SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON8-1 GOALS Identify and describe the legal systems upon which international law is based. Explain.

© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS

LESSONLESSON8-38-3GOALSGOALS

Identify several different Identify several different ways to resolve ways to resolve international legal disputes.international legal disputes.

Explain the litigation Explain the litigation process.process.

Describe the role of the Describe the role of the International Court of International Court of Justice in international Justice in international business.business.

RESOLVING LEGAL DIFFERENCES

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Resolving Legal Differences

Without Court ActionMediationArbitration

Using Court ActionLitigation

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The International Court of Justice

Established by the UN Charter in 1946Sits in The HagueSettles disputes between nationsAdvises UN on matters of international

law


Arenes Textbook p4-5. Explain the terms: arene and aromatic. Describe and explain the models used to describe the structure of benzene.

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1 Learning Objectives 1. Describe the properties of money. 2. Describe the functions of money. 3. Explain the definitions of money used today. 4. Explain.

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