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The Legal Environment The Legal Environment Chapter 7 Chapter 7

The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

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Page 1: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

The Legal EnvironmentThe Legal Environment

Chapter 7Chapter 7

Page 2: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

Why are Laws Different?Why are Laws Different?

• Bases for Legal SystemsBases for Legal Systems– Common LawCommon Law

•United States & Great BritainUnited States & Great Britain

– Code LawCode Law•FranceFrance

– Islamic LawIslamic Law•Saudi ArabiaSaudi Arabia

– Marxist-Socialist TenetsMarxist-Socialist Tenets•China & RussiaChina & Russia

Page 3: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

Three Types of International Three Types of International DisagreementsDisagreements

• Government v. GovernmentGovernment v. Government– World CourtWorld Court

• Company v. Foreign GovernmentCompany v. Foreign Government– A court in one of the countriesA court in one of the countries

• Company v. Foreign CompanyCompany v. Foreign Company– A court in one of the countriesA court in one of the countries

• But which court is used?But which court is used?

Page 4: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

International Dispute International Dispute ResolutionResolution

• ConciliationConciliation

• ArbitrationArbitration

• LitigationLitigation

Page 5: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

Intellectual Property RightsIntellectual Property Rights

• CounterfeitingCounterfeiting

• PiracyPiracy

• Inadequate ProtectionInadequate Protection

• International ConventionsInternational Conventions– World Trade Property OrganizationWorld Trade Property Organization– Trade-Related Aspects of Intellectual Trade-Related Aspects of Intellectual

Property RightsProperty Rights

Page 6: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

Other International Legal Other International Legal IssuesIssues

• PromotionsPromotions

• Green MarketingGreen Marketing

• AntitrustAntitrust

Page 7: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

US Laws in Host CountriesUS Laws in Host Countries

• Foreign Corrupt Practices ActForeign Corrupt Practices Act

• National Security LawsNational Security Laws

• Antitrust LawsAntitrust Laws

• Antiboycott LawAntiboycott Law

• Too Much American Influence?Too Much American Influence?

Page 8: The Legal Environment Chapter 7. Why are Laws Different? Bases for Legal Systems Bases for Legal Systems –Common Law United States & Great Britain United

CyberlawsCyberlaws

• Why are they so important?Why are they so important?

• CybersquattingCybersquatting

• TaxesTaxes

• Jurisdiction of Disputes and Validity Jurisdiction of Disputes and Validity of Contractsof Contracts