If a company is doing business in a country with a strong propensity for informal relational exchanges,it may not be a good idea to insist on formalizing the contract right away.Because such countries often have relatively weak legal systems,personal relationship building is often used to substitute for the lack of strong legal protection.

Question

Quizplus · Accepted Answer

In countries with weak legal systems, personal relationships can be crucial for business success, and insisting on formal contracts might hinder relationship building.

If a Company Is Doing Business in a Country with a Strong