Business and International Law Essay Example | Topics and Well Written Essays - 1000 words

Business and International Law - Essay Example peerless of them is that a sag down state must have an launch maritime organization capable of enforcing all told international and national regulations and secondly is that a flag state must be a ingredient of International Maritime Organization (IMO) that adopt the IMOs maritime safety Resolutions and Conventions. Mr. and Mrs. Lowell batting ordered one of the Diversified oecumenical Industries Inc. DWIs belittled cruise sends known as minnow for a workweek long journey from Miami. The Minnow flied the flag of Liberia. They returned to their cabin one of the nights and found two ship employees removing interchange and Mrs. Lowell jewellery from their luggage. This paper treates my duty as the VP for Risk Management of Diversified Worldwide Industries Inc. It will discuss how I will develop cognition and expertness in all areas of business law, consult with incarnate and outside counsel on good matters, advice the board as to available options to reduce or asperse the risk and liability of DWI in its on-going activitiesMr. and Mrs. Lowell boarded one of the Diversified Worldwide Industries Inc. DWIs Small cruise ships known as Minnow for a week long journey from Miami. The Minnow flied the flag of Liberia. They returned to their cabin one of the nights and found two ship employees removing cash and Mrs. Lowell jewellery from their luggage.Mr. This paper discusses my duty as the VP for Risk Management of Diversified Worldwide Industries Inc. It will discuss how I will develop knowledge and expertise in all areas of business law, consult with corporate and outside counsel on legal matters, advice the board as to available options to reduce or minimize the risk and liability of DWI in its ongoing activitiesBusiness and International LawMr. and Mrs. Lowell boarded one of the Diversified Worldwide Industries Inc. DWIs Small cruise ships known as Minnow for a week long journey from Miami. The Minnow flied the flag of Liberia. They returned to their cabin one of the nights and found two ship employees removing cash and Mrs. Lowell jewellery from their luggage. Mr. Lowell struggled with the robbers until he collapsed and suffered a fatal heart attack in the process. Mrs. Lowell was later locked inside the cabin restroom as the robbers escaped. The ship docked in Grand Cayman a few hours later and the robbers escaped with the cash and the jewellery stolen from Lowells. Mrs. Lowell was pull through after the ship left Grand Cayman and she identified the two employees who robbed them in a picture line up. My duty as the VP for Risk Management I will develop knowledge and expertise in all areas of business law, consult with corporate and outside counsel on legal matters, advice the board as to available options to reduce or minimize the risk and liability of DWI in its ongoing activities condescension the fact that the DWI cruise had a flag of convenience, it had to comply with SOLAS st andards and other international conventions monitored by the demeanor states and the flag. For this case, DWI should be aware that the flag state has a key responsibility of ensuring that the cruise has all the requirements and guidelines established internationally. An annual ship examination is required whereby the cruise is thoroughly inspected to ensure that its safety systems are operational. 1The DWI ought to be aware that since its cruise had a flag of convenient, they are governed by a restrictive agency of maritime experts that ensures that the shipping firm is compliant with the laws of commercial vessels that are registered in that country in areas of practices and operational procedures.(International Council of Cruise Line, 2006) DWI also ought to be aware that the interest of a small cruise bid Minnow with a passenger capacity of 16 is represented by an International Council of Cruise Lines (ICCL) that serves as a consultative non governmental organization to the In ternational Maritime Organization. Its aim as a sell association is to ensure there is development of regulatory and policy