Industrial Plan on how regulatory risks and tort liability can be mitigated Free Essay, Term Paper and Book Report
Industrial Plan on how regulatory risks and tort liability can be mitigated
Industrial companies such as Alumina can expose themselves to a host of regulatory risk and tort liability due to negligence and poor plan, and just not exercising the "due-diligence" as an environmental impacting company, to conduct themselves in a safe manner. The following plan is a blue print on how a company like Alumina can ensure that they limit the amount of risk they expose themselves to, either regulatory or tort liability.
Primarily, one of the most important concerns is risk assessment. What are the worst case scenarios in doing business involving Tort liability? What is the environmental impact and possible Regulatory risks? The Tort liability involved can range from Intentional, Negligence, and Strict tort liability. Intentional liability, means exactly what it says, you (the company) intentionally committed a civil wrong. Whereas Negligence, is more of the company committed a civil tort unknowingly, or by accident, however, negligence still has its consequences and repercussio......
Word Count: 1310
Page Count: 5.2 (250 words a page / double spaced)
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