COMM 393 Study Guide - Final Guide: Family Affairs, Ultra Vires, Concurrent Powers
Document Summary
Law influences and controls the behavior of individuals in society: empowers, influences and controls the actions of government, rule of law legal principles that treat all persons equally and that their government itself. Influences and controls interaction between individuals obeys: public law legally established principles that treat all persons equally and that government itself obeys, private law regulates the relations between private persons and groups. Law and international business: super-governmental organisations - united nations and world trade organisation working to find common approaches to international issues. Legal risk business activities, events or scenarios that could expose a business to any type of legal liability. Legal risk management plan plan that identifies potential legal liability and provides preventive and remedial strategies. Implement the plan, including training and testing and monitoring. Strategies to manage legal risks: avoid risk, reduce. Chapter 1 law, society, and business: transfer, absorb.
