| antitrust laws | Laws to prevent price fixing, market sharing, and business monopolies
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| arbitration | A process, agreed to by parties to a dispute in lieu of going to court, by which a neutral person or body makes a binding decision
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| competition policy | The European Union equivalent of antitrust laws
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| extraterritorial application of laws | A country's attempt to apply its laws to foreigners or nonresidents and to acts and activities that take place outside its borders
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| Foreign Corrupt Practices Act (FCPA) | U.S. law against making payments to foreign government officials for special treatment
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| foreign tax credits | Allowances by which U.S. taxpayers who reside and pay income taxes in another country can credit those taxes against U.S. income tax
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| intellectual property | Patents, trademarks, trade names, copyrights, and trade secrets, all of which result from the exercise of someone's intellect
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| national tax jurisdiction | A tax system for expatriate citizens of a country whereby the country taxes them on the basis of nationality even though they live and work abroad
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| nonrevenue tax purposes | Purposes such as redistributing income, discouraging consumption of products such as tobacco and alcohol, and encouraging purchase of domestic rather than imported products
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| private international law | Laws governing transactions of individuals and companies that cross international borders
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| product liability | Standard that holds a company and its officers and directors liable and possibly subject to fines or imprisonment when their product causes death, injury, or damage
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| public international law | Legal relations between governments
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| questionable or dubious payments | Bribes paid to government officials by companies seeking purchase contracts from those governments
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| strict liability | Standard that holds the designer/manufacturer liable for damages caused by a product without the need for a plaintiff to prove negligence in the product's design or manufacture
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| tax treaties | Treaties between countries that bind the governments to share information about taxpayers and cooperate in tax law enforcement; often called tax conventions
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| territorial tax jurisdiction | A tax system in which expatriate citizens who neither live nor work in the country—and therefore receive none of the services for which taxes pay—are exempt from the country's taxes
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| treaties | Countries, which may be bilateral (between two countries) or multilateral (involving more than two countries); also called conventions, covenants, compacts, or protocols
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