LAW 122 Chapter Notes - Chapter 1-2: Superior Court, Contingent Fee, France 2
Document Summary
Risk avoidance: serious risks should be avoided all together. Risk reduction: some risks can be reduced to an acceptable level through. Risk shifting: a risk can be shifted on to another party, for example insurance. Risk acceptance: just accept the risk your about to take. Intentional tortes: such as assault and false imprisonment. Business tortes: such as deceit and conspiracy. Negligence: where one person carelessly hurts another. September 4th - course introduction, introduction to law. Risk management: is the process of identifying, evaluation and responding to the possibility of harmful events. precautions. Law is a rule that can be enforced by the courts. White collared crimes: committed by those in suits. Corporate crimes: crimes committed by a company itself. Tax laws: concerned with the rules to collect money for public spending. Private laws: concerned with the rules that apply in private matters. Ares of the law can overlap, here are 2 possibilities: