aving thrown open its doors last October on the back of heightened foreign interest in Vietnam, new local law firm Indochine Counsel has succeeded in growing a long and healthy client list as it sells its vision of becoming a leading business law firm. | MARKET LEADER Business Law BUSINESS ENGLISH Tricia Smith FINANCIAL TIMES World business newspaper. Contents Unit 1 Arbitration 4 Unit 2 Discrimination 8 Units Competition 12 Unit 4 Brand names 16 Unit 5 Patents and intellectual property 20 Unit 6 Land ownership 24 Unity In confidence 28 Unit 8 Licences 32 Unit 9 Fraud 36 Unit 10 Telephone crime 40 Unitn Money laundering 44 Unit 12 Cyberspace fraud 48 Unitis The Magic Kingdom 52 Uniti4 Civil Litigation 56 Unitij Liability 60 Unitié Who s to blame 64 Unit 17 Business lawyers 68 Unit 18 Inheritance tax and the family company 72 Glossary 76 Key 84 Check Tests 92 Check Tests Key 96 l3_ 1 Arbitration Before you read Discuss these questions. 1 Have you ever been in dispute with another person over an agreement or a contract What was the problem 2 What steps can you take apart from going to court to settle a commercial disagreement Reading tasks A Understanding main points Read the text on the opposite page about how international disputes between companies arc resolved and answer these questions. 1 Why might you prefer not to go to court in the country of your business partner 2 What are the three main business areas which have traditionally been resolved by arbitration 3 How is a forum made up for a neutral arbitration 4 What is the main difference between arbitration and litigation according to the text 5 Which are the main arbitration centres 6 In which city would you choose to arbitrate an east-west trading dispute 7 Which specific aspects of a contract are named in the text 8 What do clients look for from an arbitration service 9 What examples of expert witnesses are given in the text 10 Do all the venues share the same arbitration rules B Understanding details Mark these statements T true or F false according to the information in the text. Find the part of the text that gives the correct information. 1 Disputes only arise in commercial transactions. 2 Commodities are things traders buy and sell usually raw .
