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Document Summary

Chapter 1 (risk management and sources of law) Law can affect a person even before birth (can you sue someone for injuries you suffered as a fetus?) Law can also affect a person after death (what happens to your property after you are gone?) Contract a legal concept that allows people to create enforceable promises. Main theme legal education plays a critical role in risk management. Risk management is the process of identifying, evaluating, and responding to the possibility of harmful events. We have to identify, evaluate and respond to the legal risks involved before we answer the question. Identification: if you accuse your ex-employee of theft, she may sue you for defamation because your statement would cause a reasonable person to think less of her. More surprisingly, if you unreasonably refuse to write a letter, or if you write an unreasonably brief letter, you may be held liable for reducing the ex-employee"s job prospects.

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