BU231 Lecture Notes - Lecture 1: Corporate Social Responsibility, Wrongful Death Claim, Small Claims Court
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There are many legal matters that need to be addressed and put businesses at risk. Corporate social responsibility follow legal regulations. Cause of action = why people get sued. Midterm: identify the causes of action that _______ has and apply the law to the facts identifying any relevant law & define the law. An adopted set of mandatory standards that society accepts as predictable and organizes behaviour necessary for a just society. Fall down laurier stairs and sue laurier for a civil law suit for damages suffered: regulatory liability: government standards (medium crime = speeding, careless driving, criminal liability: government enforcement (worst kind of crime. Balance of probability is used in civil law (more 51% for conviction) Whereas in a criminal case you need to have beyond a reasonable doubt for conviction (more than 90- Integrate legal risk management into business decision making (identify legal risks, define the relevant law, apply the law to the situation)