LAW 534 Study Guide - Final Guide: Analysis Paralysis, Captive Market, Unfair Prejudice In United Kingdom Company Law
16 Mar 2017
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Chapter 1 regulating & deregulating risk page 1-1 1-34. 1:40 walkerton: a case study of the importance of regulations. Page 1-15: tragedy b/c people died, the gov"t usually tested the water. If not safe the local health officer would be notified & they would notify the public. 1:49:10 lac-megantic, british petroleum oil spill & fukishima daiichi nuclear accident failures of risk. 1:50:20 risk assessment: expert evidence versus the public opinion. Judges are trained to be objective but a lawyer may attempt to frame the proposition in a different way to convince the other. Page 1-25: when the regulator acts in favour of the regulated rather then the public, page 1-25 disproportionate financial risk taking due to an imbalance of hormones. If you spread the decision making over a longer period of time you could potentially counter the effect. Is there a chance that there could be a disaster within the next few years.
