Risks and Liabilities

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

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

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 (2) parts.

Part I.  Risks and Liabilities

A.  Analyze and discuss two (2) areas of business law that present the greatest potential risks and liabilities for the GC business, from among these areas:

Negligence related to any business operations

Negligence related specifically to premises liability

Strict product liability related to the use of EPI products for GC services

Strict product liability related specifically to the resale of EPI products

Contracts with employees

Contracts for the sale of goods with clients

Agency law and contracts with any GC agents

For EACH of the two (2) areas of the law selected from the above list, you must:

(1).  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)

(2).  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

(3).  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 II.  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.

A.  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.

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

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

Note:  There is no single correct answer; the detailed, specific rationale and support for your recommendation is most important.

It is not necessary to cite to resources in Part II for your personal opinion, but you must include a citation each time you do use information from a specific resource (i.e., from assigned course materials) to support your conclusions.

Minimum of 3 paragraphs

Format

Report

TO:  Winnie James, Ralph Anders

FROM: (your name)

RE:      GC risks and liabilities

Part I. Risks and Liabilities

A.  Business risk #1

(1)

(2)

(3)

A.  Business risk #2

(1)

(2)

(3)

Part II.  Legal Counsel

______________________

Use correct, complete sentences, in paragraph format.

Use in-text citations and a Reference List in APA format where warranted.

COURSE MATERIALS:

https://resources.saylor.org/wwwresources/archived/site/textbooks/The%20Legal%20and%20Ethical%20Environment%20of%20Business.pdf