Risks and Liabilities: Final Project – Project 2 (20 points/20%)% – due FRIDAY, 10/11 by1:59 pm ET, week 8 Assignment I’m Done Due October 11 at 11:59 PM Final Project – Project 2 – 20% Due FRIDAY of Week 8, 11:59 pm ETThis course officially ends Sunday, 11:59 pm ET, week 8. The project can be accepted late until the official course ending on Sunday, 11:59 pm ET, with the usual late submission penalty, as per the Late Policy posted in Content. There is no grace period for submitting work beyond 11:59 pm ET, Sunday, week 8. Submit to Assignment Folder.
The purpose of this project is to reflect on, analyze and apply tort law, product liability law, agency and contract law, and their potential risks and liabilities in a business. The project requires you to identify and analyze legal issues and to make recommendations.
You will also develop skills in critical thinking to create an in-depth comprehensive analysis.
The project relates to the concepts covered in weeks 1-7. You should refer to assigned materials in earlier weeks of the course, including Instructor Notes.
Outcomes Met by Completing this Assignment:
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:
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.
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:
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)
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.
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
TO: Winnie James, Ralph Anders
FROM: (your name)
RE: GC risks and liabilities
Part I. Risks and Liabilities
A. Business risk #1
A. Business risk #2
Part II. Legal Counsel
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