Explain specific potential risks and liabilities presented


Homework

Background: The GC owners are meeting with TLG in final consultations before GC opens business operations. The purpose of these meetings is to identify the:

a) areas of business law presenting the greatest potential risk and liabilities for GC; and

b) areas of business operations vulnerable to potential risks and liabilities for which GC should seek legal counsel.

Winnie and Ralph have asked you to provide a report that presents your reflections and recommendations based on your research and analysis during the past seven weeks of TLG's consultation with the GC owners.

Instructions:

The report will have two parts.

Part 1. Risks and Liabilities

I. Analyze and discuss two areas of business law that present the greatest potential risks and liabilities for the GC business, from among these areas:

a) Negligence related to any business operations
b) Negligence related specifically to premises liability
c) Strict product liability related to the use of EPI products for GC services
d) Strict product liability related specifically to the resale of EPI products
e) Contracts with employees
f) Contracts for the sale of goods with clients
g) Agency law and contracts with any GC agents

For EACH of the two areas of the law selected from the above list, you must:

I. Provide a background explanation of the area of law, e.g., negligence, contracts for the sale of goods, etc. (be detailed and specific so any reader can understand the meaning of the specific area of law)

II. Analyze and explain the specific potential risks and liabilities presented by the area of law and why and how each area of law creates vulnerability for GC.

III. Provide a specific example of why and how the potential risks and liabilities could arise for each area of law for the GC business

Minimum of 3 paragraphs for EACH of the two areas of risks and liabilities you choose to discuss (total of 6 paragraphs, minimum)

Citations required

Part 2. Legal Counsel

During the past eight weeks, we have discussed and emphasized the importance of the GC owners seeking business advice from TLG and the importance of GC - and every business - seeking legal counsel from an attorney for various aspects of business operations.

In Part II, you are to reflect on your experience in consulting with the GC owners, your research and analysis, and make the following recommendations.

I. Evaluate and explain why you recommend that the GC owners seek legal counsel with an attorney for any - or all - aspects of its business operations, i.e., contract writing, procedures to protect against negligence risks, recruitment policies, etc.

a) Explain and support the rationale for your recommendation specifically, in detail and comprehensively, using examples, personal experience(s), etc.

b) Consider specific areas of business operations for which it is particularly important to seek legal counsel

Format your homework according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Law and Ethics: Explain specific potential risks and liabilities presented
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