LAW 122 Study Guide - Midterm Guide: Vicarious Liability, Legal Tests, Strict Liability

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Principle or rule: define the legal principle that you mentioned in your issue and state the relevant legal test (if there is one) along with any exceptions (if there are any). Example: define the term consideration and state the elements that is necessary for consideration to exist. Analysis: 1) explain by applying the legal principle to problem, 2) address each element of legal principle. Example: mention every fact in the case that is relevant to the definition and/or test you have just outlined in the principle or rule portion of your question. If it is true, identify defences (if any). Example: based on the facts of the case, consideration exists if x does y. If x did not, there is no consideration. Risk management: risk management: process of identifying, evaluation, and responding to the possibility of harmful events, various factors affect success and failure in business, decision-making: e. g. location choice, product, marketing.

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