Running Head : NameUniversityCourseLegal put on the line is a term that is express to be understood differently by different disciplines . The indemnification companies for example may not interpret it same expressive style as the regulators , or the lawyers representing the business organization . Since we are transaction with the business organization , we place refer to court-ordered stake as potential loss resulting from uncertainty of the business of legal proceedings . Legal risks , if not well prepared for can lead to adverse loss and even complete bankrupt of a business p The legal risks and opportunities that can fig out include the organizational legal risk .
Under this risk , the company may risk losing its halalty and rights or arouse its ownership vied for by other parties risk of the organization s wariness not ignoring to take proper account of the employees rights and law , risk of the business not being able to anticipate or predict the consequences of an act due to ignorance and not seeking proper legal advice .To minimize this legal risk , the risk music director should identify any competitive holy terror and lay cut out appropriate measures that will be taken to counter the threat in the event it occurs . Experts advice that it is important for businesses to carry out stake Management Assessment at least yearly ( Musthaler 2007 . The resulting conclusions from the sagaciousness , which involves all the different departments of the business should be documented and the regulations followed to the bookStudy has excessively shown that well organized planning , good training...If you want to hold out a full essay, order it on our website: Orderessay
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