| Likelihood / Severity | Low Impact | High Impact | | :--- | :--- | :--- | | | Monitor (No action) | Insure (Transfer risk) | | High Probability | Manage (Internal process) | Avoid (Do not proceed) |
, an interactive platform with animated business law videos and shared writing exercises. VitalSource : Provides the eTextbook version Managing The Law The Legal Aspects Of Doing Business 6th
Using insurance or contract clauses (like exclusion clauses) to shift liability. Risk Acceptance: | Likelihood / Severity | Low Impact |