Political and Legal Pluralism Can Make Cross Cultural Negotiations More

question 20

Multiple Choice

Political and legal pluralism can make cross cultural negotiations more complex because:

• A) there are always the same codes of contract law and standards of enforcement.
• B) there are always negative implications for the taxes that the organization pays.
• C) there are never any implications for the labour codes or standards that the organization must meet.
• D) political considerations may enhance or detract from the conduct of business negotiations in various countries at different times.

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Definitions:

Third Restatement

Refers to updates or revisions of fundamental legal principles in areas such as Torts, Contracts, Agency, Trusts, and Foreign Relations, established by the American Law Institute.

Accounts Collection

The process of pursuing payments of debts owed by individuals or businesses.

Actual Authority

The express or implied legal power granted by a principal to an agent to carry out specific tasks on the principal's behalf.

Real Estate Broker

A licensed individual or firm that acts as an intermediary between sellers and buyers of real estate.