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Business
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Managing the Law
Quiz 1: Risk Management and Sources of Law
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Question 61
Multiple Choice
Your town has a by-law stating that pets must be kept on a leash at all times.A friend of yours doesn't want to leash his dog,but is afraid he'll be arrested and tried if he doesn't.You tell him that
Question 62
Essay
Identify and briefly explain four areas of public law.
Question 63
Essay
A town called Malice has undertaken a risk management study in an effort to minimize its exposure to legal liability.Since it is a form of government,and therefore a public body,it wants to know if it ever needs to worry about private law.Provide an answer to that question.
Question 64
Essay
Theta Motor Co manufactures the Presto,which is a type of compact car.It has discovered a design defect that affects the Presto.Identify and briefly explain situations in which it would be appropriate for the company to manage the risk by: (i)avoiding it,(ii)reducing it,and (iii)accepting it.
Question 65
Essay
Howard is a manager with Rogue Used Cars Inc.He and the company have both misbehaved.The police have laid charges concerning a white collar crime and a corporate crime.Describe the differences between those two types of crimes.