14. International Law
Tremendous opportunities exist for companies that wish to operate in international markets. However, the international legal environment requires careful planning to avoid costly mistakes associated with violations of trade regulations, the formation of international contracts, and criminal and civil liability.
International law is an ever-evolving body of law that is shaped by the international community and is constantly adapting to meet the needs of the modern world. With its complexity and its far-reaching implications, international law is an area that requires continued attention and research in order to ensure that individuals and businesses understand their obligations under the various treaties, conventions, and agreements that form and govern international trade.