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The law outlines what to do , how to do it , and what not to do it . Non - compliance of it ,
The law outlines what to do how to do it and what not to do it Noncompliance of it businesses may face criminal, regulatory, and civil liabilities. To ensure compliance and to avoid legal risks of noncompliance, businesses must develop strategy to manage legal risks. Below are four general strategies to manage legal risks, except?
a
Mitigate the risk.
b
Transfer the risk and absorb the risk.
c
Avoid the risk.
d
Reduce the risk.
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