Addressing International Issues � PAGE \* MERGEFORMAT �1�
Addressing International Legal and Ethical Issues
Team B
University of Phoenix
BUS 415
June 4, 2009
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Addressing International Legal and Ethical Issues
The University of Phoenix offers a simulation about CadMex and Gentura and an international contract they pursue (University of Phoenix, 2009). CadMex as a pharmaceutical company is about to go into contract with Gentura, a company in the country of Candore. CadMex needs to make sure that the contract that is formulated offers protection that will mutually benefit each party while allowing CadMex to successfully market a new product from Gentura entitled ProPrev. This paper will answer why Gentura would be in breach of its contract with CadMex Pharmaceuticals, the remedies that might be available for such a breach, and also make recommendations on how the Gentura situation should be handled. Within the paper an analysis of selecting the proper forum and venue for dispute resolution will also be explained followed by the conclusion.
English: Newspaper Ad for the Carbolic Smoke Ball ...
University of Phoenix stadium, site of this yearâ€...
English: The London Court of International Arbitra...Gentura would be in breach with many of the actions that it chose to take during the timeframe that they had the partnership with CadMex. One example would be when they chose to market the ViroBlax drug when there was only a one percent outbreak of the disease in Candore. Due to the higher percentage later on in the simulation, the government was able to step in to allow cheaper drugs worth the three percent outbreak that had occurred. The contract that had been formulated allowed CadMex full global marketing rights and Candore's action to offer the drug when there was only a one percent outbreak broke that portion of the contract.
The remedies involved within the simulation involved taking legal action, pursuing compensation without legal action, and obtaining shared rights of...