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Unit 3 - Law - Coggle Diagram
Unit 3 - Law
- Legal Risks in Overseas Locations
- Intellectual property protection.
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- Corporate governance transparency.
- Liability for subcontractors.
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- Fair criminal justice system.
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- Liability in negligence/faulty products.
- Corruption tolerance level.
- Promotes law, order, and justice.
- Communicates rights and duties.
- Controls/Prevents undesirable behavior.
- Uses law for social/economic welfare.
- Reflects society's norms and values.
- Society's understanding of legal behavior.
- Agreement on law obedience.
- Punishment system for illegal behavior.
- Government's role in legal system efficiency.
- Treaties and conventions.
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- General principles recognized by nations.
- Judicial decisions and scholarly teachings.
- Is International Law Really Law?
- General agreement on acceptable behaviors.
- Obligation to obey international standards.
- Sanctions mechanism for unacceptable behaviors.
- Handles commercial disputes.
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- ICJ: Disputes between countries.
- WTO: Dispute Settlement System.
- Norm prescribing proper behavior.
- Includes sanctions against illegal acts.
- Nature of International Law
- Regional and national laws.
- Examples: NAFTA, AFTA, EU, MERCOSUR, WTO.