Explain what risk treatment is and the categories of risk


1. A number of different risk treatments will be applied depending on the industry in which an organisation operates its structure and the risks it faces. Explain what risk treatment is and the categories of risk treatment options that could be applied. (130–150 words)

2. Minors and contracts. Willy Wonka's contract. video a) Is the clause that Gene Wilder (the actor) is trying to get them to sign, an exculpatory or liquidated damages clause? b) Does the contract term of duress apply here? Why or why not? c) Does the child have the contractual capacity to sign the contract?

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Operation Management: Explain what risk treatment is and the categories of risk
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