Considerations in International Marketing
Chapter 7: The International Legal Environment: Playing by the Rules1. Differentiate among Code Law, Common Law, Islamic Law, and socialist legal systems, and explain the implications that each may have on the activities of international marketers. Common Law ¡V The basis for common law is tradition, past practices and legal precedents set by the courts through interpretations of statutes, legal legislation and past rulings Code Law ¡V is based on an all-inclusive system of written rules (codes) of law. Under code law, the legal system is generally divided into three separate codes: commercial, civil and criminal. Implications between the above arise the areas of contracts and Intellectual Property rights. Under common law, ownership is determined by use. Under code law, ownership is established by registration. Islamic Law ¡V The basis for Islamic law is the interpretation of the Koran. It encompasses religious duties as well as the secular aspect of law regulating human acts. Islamic law defines a complete system that prescribes specific patterns of social and economic behaviour for all individuals. „h Prohibition against the payment of interest „h Prohibition against investment in acti
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Some common words found in the essay are:
Describe Five, III Litigation, Comparability Data, Gathering Ability, IV Identify, Process Marketing, Green Laws, VI Discuss, China Russia, Court Hague, market research, code law, common law, islamic law, data collection, legal systems, law ¡v, economic development, research process, law ¡v basis, international firms,
Approximate Word count = 2083
Approximate Pages = 8 (250 words per page double spaced)
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