Question
Risks that could arise due to legal actions or
uncertainty of interpretations of contracts & agreements is calledSolution
The legal risks primarily arise either due to lack of clarity of the documentation of the product or the act of the counterparty. Change in legal environment due to legislative changes and Court interpretations/proceedings also result in legal risk. Legal risk includes risk of non-enforceability of contract or in-correct documentation resulting in the increased probability of loss. Broadly, legal risks may result in (i) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
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In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error, ...
Parts of the following sentence are given as options. Identify the segment that contains a grammatical error.
I am indebted to my friends for t...
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Everyone knows that (1)/ the Earth revolves around the sun, (2)/ but there are still some people (3)/ who denies it. (4)