Explain How the Behavior of One Team in a League

question 13

Essay

Explain how the behavior of one team in a league may result in a problem economists call the tragedy of the commons.

Identify and discuss the elements of specific contracts relevant to international trade, such as franchise agreements, distributorship agreements, and licensing agreements.

Understand the function and impact of forum selection and choice-of-law clauses in international contracts.

Understand the concept of decoupling and its application in indirect conflict management strategies.

Identify and explain common pitfalls in negotiation, such as becoming overly committed to demands.