Dissertation Topics: International Business Transactions

       I.            International Business Transaction in conflict of law

Globalization has brought significant changes in the business arena. Most countries engage in international transactions through export, imports, investment, transportation, and logistics.Management of international corporations is based on common laws, which are shared by merchants across the nations. The laws used to govern international trade experience various conflicts due to the variation in regimes across nations (Chow, Readings, and Thomas, 2005, p.1).

    II.            International Laws on Intellectual Property

As businesses diversify their operations, they encounter different cultures, which are different from those in the country of origin and may affect their intellectual property rights in various ways.

 III.            Legal Orders and Comparative Contract Law inInternational Sale of Goods Covenant

The common laws used in countries as well as their legal systems vary significantly. There are issues arising in the determination of legal orders across nations as well as the establishment and implementation of general contract law. However, they all converge gradually as the legal systems continue to develop to take into account the changes in international trade.

  IV.            International Law in Private Cross-border Transactions Choice of Law

This helps in the resolution of conflicts in business or among individuals engaged in a transaction across the border. The presence of some foreign elements in the local transactions could affect the manner in which international firms conduct their activities in the local market (Flood, 2007, p.47).

     V.            Risks and Practical Implications of International Business

Engaging in international business transactions exposes a firm to risks due to the variations in legal standards across the nations. There are strategic, operational, political, technological, environmental, and economic risks. As such, conflict of law is bound to be a common trait of international trade as well as the business activities in settling disputes among contractors.New adjudication approaches are needed to help resolve conflicts of law in international business.