Recognizing and Minimizing Tort and Regulatory Risks

Recognizing and Minimizing Tort and Regulatory Risks August 10th, 2009 University of Phoenix LAW/531 business enterprise Law Jonathan Jamieson In todays business world, about brass sections be infinitely challenged with civil wrong liability and regulatory risk management in their day-to-day business. Consequently, effective organizational management by centre of preventive, detective and corrective measures is dictatorial in coiffeing an organizations flick to tort liability. The following paper go away provide a plan for a company equivalent to Alumina, Inc. explaining how regulatory risks such as tort liability pot be identify and managed through preventive, detective and corrective measures. A tort offer be described as a negligent or intentional wrong doing to some star topology and/or someones property that can result in an damage to that person or defame to the persons property. Legally, torts are called civil wrongs, as opposed to c riminal ones. there are three types of tort liability that can notably impact an organization heedless of the industry. The three types of tort liability are intentional torts, thoughtlessness, and fixed tort liability. Intentional Torts are the harms that results when parties commit intentional acts (Jennings, 2006, p.368).

nonperformance Tort is when the conduct of one party did not have sex up to a authorized minimal standard of dread we are all expect to use in driving, in our work, and in the care of our negligence(Jennings, 2006, p.438). Strict Tort liability can result from populace policy issues (Jennings, 2006, p.44 0). Alumina Inc., is a $4bn aluminum manufa! cturer organization in the United States locate on Lake Dira, Erehwon. Throughout the old age Alumina Inc. has been equal to maintain a good boilersuit environmental mandate compliance record. However, five years agone Alumina Inc. was cited for non-compliance with environmental regulations, PHA concentration levels samples were above prescribed limit set by the...If you want to get a generous essay, order it on our website: BestEssayCheap.com

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