Legal risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 22/8/13) |
||
| Line 1: | Line 1: | ||
1. The risk that transactions or business relationships may have unforeseen adverse legal consequences. | 1. | ||
The risk that transactions or business relationships may have unforeseen adverse legal consequences. | |||
For example, giving rise to additional costs or to the inability to enforce legal rights. | For example, giving rise to additional costs or to the inability to enforce legal rights. | ||
2. The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen. | |||
2. | |||
The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen. | |||
Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice. | Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice. | ||
== See also == | == See also == | ||
* [[Risk]] | * [[Risk]] | ||
Revision as of 11:43, 22 August 2013
1.
The risk that transactions or business relationships may have unforeseen adverse legal consequences.
For example, giving rise to additional costs or to the inability to enforce legal rights.
2.
The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen.
Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice.
