LEGAL SYSTEMS:
COMPONENTS
Consitution
al Law
Criminal
Law
Civil and
Commercial
Law
TYPES OF LEGAL SYSTEMS
1. Common Law: bases on tradition, judge-made
precedent, and usage and it assings a
preeminent position to existing case law.
2. Civil Law : is based on a systematic and
extensive codification of laws.
3. Theocratic Law: relies on spiritual and
religious traditions.
4. Customary Law: more intelectually incline,
philosophical.
5. Mixed Law: engages 2 or more systems
BASES OF RULES:
1. The rule of man: explains how the ruler and rules were
synonyms since the beginning of history.
2. The rule of law: is a hallmark of a democratic government,
holds the governmental authority.
LEGAL ISSUES IN
INTERNATIONAL
BUSINESS
Getting Started
Making contracts
Hiring and firing
Going under and getting out
INTELLECTUAL PROPERTY RIGHTS
International Property
Rights
Design to give the registered owners the
right to determine the use of their property.
China
we can copy everything except
your mother