Potential Tort Risks And Violations Law 531 Week 3

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    Recognizing and Minimizing Tort and Regulatory Risk Plan Environmental Regulation is perhaps the most stringent area of government’s regulation in business. The government imposes great technology investment demands on the industry for regulatory compliance. One single act of irresponsibility can cost businesses greatly or be forced to close (Business Regulation Simulation, 2009). It is important to identify, manage, and correct torts and regulatory risks for Alumina, Inc. so legal issues

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    Law 531

    Regulatory Risks Regulatory risks are risks a company assumes when it fails to comply with government regulations, whether federal, state or even international. Non-compliance with regulations puts a company at risk of tort liability, diminished earnings, negative publicity and if a sever case exists, the company’s final demise and exit from the market altogether. By setting a system of preventative, detective and corrective measures, a company is able to survive the materialization of such risks and emerge

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    Recognizing and Minimizing Tort and Regulatory Risk Hector Sierra University of Phoenix Law 531 Businesses deal with tort liability and management in the day to day operations. Minimizing tort liability is a key factor in operating a successful business. Alumina Inc., has developed a plan to prevent, identify and implement corrective measures for handling tort liabilities. Recognizing and Minimizing Tort and Regulatory Risk Alumina Inc. is a $4bn U.S. based international aluminum company with

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    Law of Tort

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    Tort Risk

    Minimizing Tort and Regulatory Risk A tort is an act by a business that results in injury to a person, property, or good name. In most cases the person injured is entitled to compensation (Jennings, 2006). It is in the businesses best interest to be educated on local, state, and federal laws and regulations to reduce regulation and tort liability. A business must protect its assets, earnings, and good name. A company must have a plan in place to reduce and eliminate fines, penalties, and tort liability

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    Recognizing and Minimizing Tort and Regulatory Risk Plan

    Running Head: Recognizing and Minimizing Tort and Regulatory Risk Plan Recognizing and Minimizing Tort and Regulatory Risk Plan LAW/531 September 29, 2010 Introduction Alumina, Inc. makes aluminum products and has revenues of over $4 Billion Dollars. The company is based in the United States (US) with operations in eight other countries around the world. The US accounts for 70% of Alumina’s market share. Alumina has business interests in automotive components and manufacture packaging

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    Aspects of Contract and Negligence for Business Faculty: Md. Ashiqur Rahman Bhuiyan Head, School of Business, BAC Learning Outcome 3 & 4 ------------------------------------------------- Name: Orbind Bhakta ------------------------------------------------- ID: 2013121024 SOUTHERN AUTOMOBILES LIMITED SOUTHERN AUTOMOBILES LIMITED ACKNOWLEDGEMENT I would like to acknowledge all the help from Southern Automobiles Limited especially Mr. Manoranjan

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    followed the methods like giving relaxant medicine to the patient and so that the patient has a serious problem. According to the team opinion doctor must use relaxant drug to the patient for to avoid the critical condition of the patient that is risk of death. The patient argued particularly on doctor’s treatment for his mental illness. Doctor was in violating of his service by not implement the proper relaxants medicine. The above statement shows that there is negligence in duty. The doctor

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    contending with are unsatisfactory performance and corrective action plan, sexual harassment and discrimination, and Occupational Safety and Health Administration (OSHA) compliance Legal Encounter 1 NewCorp hired Pat in Vermont causing Vermont state law to apply to this legal encounter. NewCorp had Pat sign a document stating that NewCorp must issue a corrective action plan but failed to uphold this contract by eliminating him from position with 30 days of severance pay. Pat feels he was wrongfully

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