Monday
April 21, 2014

Homework Help: Legal aspect of business

Posted by Louise on Thursday, May 23, 2013 at 1:28am.

ABC is a multinational enterprise (MNE) incorporated in State X. ABC entered into a joint venture agreement with XYZ, an MNE incorporated in State Y, to jointly produce a new line of hydraulic equipment in ABC's new factory in State Z, a developing nation. ABC & XYZ have mutually agreed to have the law of State Y govern any disputes or concerns arising under the joint venture agreement. Shortly after the conclusion of the agreement, a wiring defect in ABC's factory caused it to burn to the ground, killing five tourists in the immediate vicinity who were nationals (citizens) of State Q. XYZ, fearing bad publicity, sued ABC to rescind the joint venture agreement. X,Y, & Z are all common law states, while Q is a civil law jurisdiction.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Legal Aspect of Business - ABC is a multinational enterprise (MNE) Incorporated ...
Business Law - Background: ABC is a multinational enterprise (MNE) incorporated ...
business - Discuss how the law might affect you and your workplace? How does a ...
bus - Discuss how the law might affect you and your workplace? How does a ...
Business Law - I'm having trouble figuring out this question. I can't think of a...
MATH - MAKE R the subject of the formulaq........ I =(mne) devide by (mR+nr...
business law - The following question requires you to write an answer in ...
business - how to do Legal Research for this Issue Employment Discrimination 2. ...
ethical business - Compare the American legal system to the international legal ...
please help ASAP - How would you compare the accounting for an enterprise funds ...

Search
Members