International Business Law (US company launching products to Japan) Essay

International Business Law (US company launching products to Japan) - Essay Example Wally Solar Manufacturer hereinafter referred to as â€Å"Principal†; a corporation organized and registered in accordance with the laws of _________, having a registered address at ____________ and herein represented by ___________. Japan Sun Power Ltd., herein after referred to as â€Å"Agent†; a corporation organized and registered under the laws of Japan, having a registered address at ____________ and herein represented by ______________; The whereas portion are still useful and may stand as is subject to styling later on. For purposes of document styling purposes, I would suggest that we should adopt the method of setting the provisions in sections instead of mere paragraphs. The rest of my comments and suggestions will now follow this format. Section 1. Statement of Purpose. As can be observed, your draft agreement has no statement of purpose. At the very start, the purpose of this agreement should be defined in order to set the mode. Thus, a section should be added right after the naming of parties as follows: Statement of Purpose. This agreement is entered into by the parties for the purpose of executing an agency to sell the product of WALLY SOLAR MANUFACTURER by Japan Sun Power ltd. within the Japanese territory. Section 2 Definitions of Terms. There is no definition of terms in your draft agreement. I believe that this should be included in your agreement to gain common understanding and limitations of terms used. We must seek to do away with ambiguities of terms right from the start since these ambiguities may later on cause misunderstandings and eventual legal disputes. Terms which should be defined may include words used in the agreement such as but not limited to the following: (a) products; (b) territory; (c) order; (d) day(s); (e) date of receipt of the product (f) advertising and promotion. WALLY SOLAR MANUFACTURER hereby appoints Agent as its exclusive sales agent and representative in

What were the key elements of the policy of deterrence and containment Essay

What were the key elements of the policy of deterrence and containment during the Cold War Evaluate their effectiveness and their costs - Essay Example policy of deterrence is basically a threat by one party to convince another party to halt evil actions that could become harmful for international peace. It should be noted that the era of cold war was greatly depending upon deterrence (Wison 1962). Considering Containment during cold war, it can be said United States had to implement the policy of containment to make sure that communism does not spread among other countries. The implementation of the policy of containment and deterrence was followed by United States during the cold war due to the threat of being threatened by communism (Hunter 1998). It should be noted that adherence of United States with the theory of containment during the cold war allowed intervention activities in Vietnam. Similar instance was noted at the Central America and Grenada. This shows the effectiveness of the key elements and theories as practically implemented. This is the key element that led to the implementation of these policies during cold war (Ray 2004). United States noticed that the influence of European counterparts was increasing with every passing day. United States was actually being pushed to defeat as the Vietnam havoc was basically because of communism spread. Thus, policy of containment was implemented to contain communism to their respective origin country (Gladdis 2005). The policy of containment is also refereed as the foreign policy of United States with other countries which that were noted as potential to harm United States. However, the cost involved throughout this foreign implication was relatively high. There was a risk of military attack by other activities despite undertaking deterrence (Ray 2004). The cost was high in terms of finance as the capital of European Union and United States was used to buy arms to compete with the forces in order to stay stabilized. The cost of humanity is another aspect that should be noted. However, it has been noted that implication of the policies allowed the Unites