There is absolutely no contest that if Perry was inspired by the ditty she should have contacted Flame in regards to a sampling credit - but this case threatens the already shaky ground that music licensing laws stand on in that it was won on the grounds that those four notes - in that order and rhythm exclusively belonged to Flame.
Read MorePatents and Copyrights live for a certain number of years, and you have to renew them. They can actually be in effect for the life of the product/service/company. Your registration does require filing and fees paid at regular intervals to ensure it stays in effect forever.
Read MoreSometimes there is lacking clarity about the liability when an individual as a part of a company enters into a verbal agreement - especially when it is not vocally specified who is bearing responsibility. The last thing you want or need is to be in a contract that binds you to something but you thought you were agreeing to something else.
Read MoreWe have discussed the social and cultural Factors before, but make sure you know what the literacy rate is and the average educational level in the country? If you are selling to or your product is designed for the middle class, make sure there actually is a middle class that would support your product?
Read MoreCould there be disputes? Absolutely. There often are between buyers and sellers, which is why it's important you have a lawyer ready for litigation even after the ink has dried. Working capital is the biggest issue of dispute, with some cases going to trial and lasting for years with discrepancies in the millions and billions. Working capital is the biggest cause for dispute, but litigation post-sale can happen for any number of reasons including warranties & purchase price payments.
Read MoreCulture is very important in business and has an impact on the strategic direction of business. Culture influences management, decisions and all business functions from accounting to production. Don’t just think in terms of the national culture but also in business think of meetings, negotiation, formalities, social media use, internships and work placements hierarchy.
Read MoreSo outsourcing is not just international, not just for the largest corporations and not just for saving money why then do some companies skip outsourcing?
A lot of companies don't outsource simply because they don't even realize the option is there. Without a creative mind on your team - it can sometimes be difficult to discover any way that outsourcing could be helpful. Ever heard of Influencer Marketing?
Read MoreWhen imports enter a country they normally have a tariff or a tax. So for example: when you are purchasing an item from France it’s more expensive because of a duty that the importer had to pay for it to come in. When a Trade Agreement is negotiated there is an elimination of that tax then the import comes in freely and the item may be less expensive than one you could purchase in the United States. If too many of those items are coming in then there may be concerns that there needs to be protection of that industry.
Read MoreWhen I think of how to begin the negotiation of a contract in a different culture, I first want to make sure that I know something about the culture. Generally, how 85% of the people act, think, and behave. "What is important to them? " I ask myself. Inevitably, I read about the culture, the history, talk to people who have done business in the culture and most definitely go to visit the place when possible.
Read MoreIn order to decrease fears of US litigation, or any long drawn out litigation, for that matter, NAFTA has "dispute resolution panels." These panels look at whether or not the NAFTA countries participant is being treated fairly. Under President Trump, the US has claimed that "US court's sovereignty is eroded." He would do away with the panel altogether. Canada and Mexico want to keep them of course.
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