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Dollar Value for fair pricing; Lawyers and length of cases

Question # 1

When doing business with a foreign company, would you take into consideration the conversion rate of the dollar in order to determine a "fair" price for the products or would you simply charge what the goods are worth? Why or why not?

Question # 2

It seems as if some lawyers use the media and trials to make a name for themselves. Take for example the O.J. Simpson trial; the trial began in June of 1994 and did not end until May of 1999. Every media channel had coverage of this trial and five years is a long time to cover a trial. Another example is a current case, United States vs. Microsoft. This trial began in 1998 and is still in progress."

Can you shed some light onto why these cases may have taken so long? Is it really the media and attorneys? Do you agree or disagree with the statement above? Why or why not?
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Answer to Question 1 is approximately 90 words
Answer to Question 2 is approximately 250 words
2 references

Solution Preview

Question # 1

When doing business with a foreign company, would you take into consideration the conversion rate of the dollar in order to determine a "fair" price for the products or would you simply charge what the goods are worth? Why or why not?

To be fair, you need to take into consideration the conversion rate. If you want to do business with a foreign country, you need to look at what you are selling and how it affects the customer. For example, if you sell something from the USA to Canada the conversion rate for something that costs $9.70 in the USA will be $10.00 in Canadian money. This of course shows that it costs less in the USA, but in doing business, when it costs more in the other country, most will offer deals or free shipping.

Question # 2

It ...

Solution Summary

The dollar value for fair pricing, lawyers and lengths of cases are determined.

$2.19