BUSINESS LAW

421 WD

The issues involved in resolving legal disputes in international Transactions are the changes that are mad to international laws and regulations. The largest focus is the minimum wages. What is most discussed is China has a cheap labor force compared to America. This increases the profits for the company who outsources to cheaper labor cost. If the China manufacturing do not meet the US standards the US Company may become obligated to take legal action against the China Company. The American Company must take into consideration if the China Company meets their manufacturing requirements. The most common discuss topic on this matter is the lead based paint China Manufacturing applied to their products. American laws banned lead based paint and all products in