by Drax » Mon Jul 06, 2020 2:52 pm
Jumhuriat al Badara Representative Mustapha al-Jabbar:
While we are quite ignorant about procedures and protocols compared to all others addressing this Assembly, we are not entirely without some business experience, and accordingly would make two comments on the remarks of the 3M representative.
1. Normally when a business has an arrangement with another party and large sums of money are involved, the method of resolution is specified whether courts, arbitration or less likely mediation including the specific jurisdiction which is to say which nation's law applies.
2. Normally when a business lacks confidence in the method or jurisdiction specified for resolution of disputes and knows lack of payment could occur or experience dictates statistically there is risk of failure to pay, that business will seek insurance if it wishes to proceed with the transaction. Did 3M get insurance or simply take a gamble?
Neue Dundorfische Zentrumspartei (NDZP), Dundorf, Active
Deltarianska Narodna Strana (DNS), Deltaria, Active
Dedicated to the proposition.