Business Forms And Governance

Business tort liability reduction through risk management processLimit personal liabilityTransfer risk to third partiesInsure risksCreate independent limited liability company Business tort liability mitigation through risk management processRisk analysis and evaluationEliminate risky activitiesInvolve legal expertise in decisionsEducate employeesQuality assurance programs ReferencesBeatty, J. F., Samuelson, S. S., & Abril, P. S. (2018). Business law and the legal environment. Cengage Learning.Goldberg, J. C., & Zipursky, B. C. (2016). The Strict Liability in Fault and the Fault in Strict Liability. Fordham L. Rev., 85, 743.Lasker, E. G., Klein, S. A., & Barago, T. F. (2015). Taking the Product out of Product Liability: Litigation Risks and Business Implications of Innovator and Co-Promoter Liability. Def. Counsel J. 82, 295.