Question
Legal risk in a bank can lead to which of the
following?                      I.       claims against institution,                    II.       fines, penalties, punitive damages,                   III.       unenforceable contracts resulting from defective documentationSolution
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)Â Â Â Â Â claims against institution, (ii)Â Â Â Â fines, penalties, punitive damages, (iii)Â Â Â unenforceable contracts resulting from defective documentation, and (iv)Â Â loss of institutional reputation
When a local coffee shop launches a new mobile version of their traditional website that can be found using a mobile phone, the coffee shop recognizes t...
The trend toward eco-consciousness has opened up numerous opportunities for creative businesspeople who are often referred to as:
Communication is the sharing of message and requires six elements. Those elements are a source, a _____, a channel of communication, a receiver, and the...
Market segmentation involves linking ______ to an organization's ________.
The distinct set of personality characteristics common among people of a particular country or society is known as
Barriers to entry are business practices or conditions that make it difficult for new firms to enter the market. Which of the following is not an exampl...
Nick says that "channel intermediaries actually make marketing more efficient by minimizing the number of transactions necessary to sell products." Nic...
For which of the following products is perceived risk likely to exemplify psychosocial risk for a female who has just taken her first job after college ...
LinkedIn is
The Make-your-pot Workshop in Crossroad Mall sells custom made pots designed to be given as gifts for almost every occasion imaginable. For the make-you...
