As a form of risk management, you would know when to seek legal advice if you believed your business was about to be involved in a tort action. You know that prior to the meeting you have tried to minimize the risk. Which of the following is not a risk management tool?
A) Assessing the possible legal risks after an action has been commenced against you
B) Understanding what questions need to be asked of the lawyer
C) Anticipating and assessing possible legal risks involved in your business actions
D) Understanding the statutes involved in your business and jurisdiction
Correct Answer:
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