Enforcing Contracts That Cross International Borders Is

question 47

Multiple Choice

Enforcing contracts that cross international borders is:

• A) simply a matter of applying the local law to the contract.
• B) quite complicated and governed in most nations by the CISG.
• C) the responsibility of Interpol.
• D) secondary to who has possession of the goods, regardless of title.
• E) nearly impossible, so negotiation is important.

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Definitions:

Mutually Beneficial Agreements

Contracts or arrangements that provide favorable outcomes for all parties involved.

Prospecting

The process of identifying potential customers or clients for a business's products or services, often involving research and communication efforts.

Preapproach

A stage in the sales process that involves gathering information and planning before actually contacting a potential customer.

Collaborative Relationships

A partnership or working relationship where two or more parties work together towards a common goal, often seen in business contexts for mutual benefit.