LAW 534 Chapter Notes - Chapter 1: De Minimis, Exposure Assessment, Panama Papers
27 Nov 2017
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Failure of risk management in the process of privatization. Failed to communicate the result of the lab to the general public. Regulatory capture where the regulator and the regulated industry are close and results in not having strict/tight regulations. New technologies and new risks: uber and airbnb. Panama papers released 11. 5 million records, cra went after tax professionals with fines of. Assessment: hazard identification, dose response assessment, exposure assessment, risk categorization. Exposure assessment i. e. having an age limit on purchase. Risk management is discussed in 2 ways in the text: risk management for society and risk management for business non-compliance risk. Society: disclosure, speed limits, ingredients, ohs law. Non-compliance - failure to act in accordance with a wish or command. R v. edmonton city case pcbs and dosage were de minimis. Vast difference between expert and public opinion: (cid:862)k(cid:374)o(cid:449)ledge gap(cid:863) Deferred risk cigarette example: you have to smoke a lot to be at a high risk.
