Global Approaches to Corporate Entities Business International Essay

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BUSINESS INTERNATIONAL Business International: Global Approaches to Corporate EntitiesLease is used to acquiring special property rights so that the beneficiary can attain an asset (Merrill, 2020). Various types of leases have their specified policies and details, which the involved parties have to abide by. Since it is a special agreement, the legal commitment and ownership have to be looked into carefully. This paper aims at reflecting upon a selected country’s lease agreements, distinguishing between a corporate entity and sole proprietors, and the extent to which the country’s government identified and enforced the rules for corporate social responsibility.Enforcement of Lease for Real PropertyGermany enforces its lease for real property in two ways. The commercial property is leased for a fixed term, for instance, ten years or an indefinite time that could be decided by the two parties (Will & Emery, 2020). The lease agreements for residential properties could be decided for an unlimited term so that the termination rights for the tenant and the landlord could be specified. The restrictions in termination rights are also formulated for protecting the tenant when a residential property is concerned.These agreements include installing certain facilities, such as telephone lines and internet connections in Germany. A written official agreement is created to register these facilities so that the property can be equipped with encumbrances (Will & Emery, 2020). The local building authorities would have to comply with the local laws. To avoid confusion, the public registers could elucidate federal laws for installation and investors’ real estate acquisition matters.Difference between Corporate Entity and Sole ProprietorshipThe differentiation of a corporate entity and sole proprietorship is done easily in Germany since sole proprietorship is the most common business type in the country (Steem It, 2016).

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The country even considers freelancers or self-employed persons as the sole proprietors as they own their particular type of work and are involved in some trade. A sole proprietorship has unlimited liability and assets, which is also possible…

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…importance in each coming day. Companies from various countries and cultural influences operating in another country, like Germany, must abide by the host country’s socially and ecologically responsible regulations (Katharina, 2012). CSR creates a greater impact on the consumers and the profitability earned by the companies because they create an image in the eyes of their customers that they care for them and their living environment and do not mean to harm them by using their social resources.Germany has even taken considerable care of the cross-border CSR strategy so that national human rights are not violated. For this matter, UN guiding principles are kept in line with the German CSR policy for providing the framework for the cross-border firms to operate accordingly. Most of the part of the CSR strategy is voluntary for the companies. However, implementing the human rights CSR strategy is mandatory, particularly by 2020, with the rightful due conscientiousness. Therefore, the German companies are urged to show their willingness in….....

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