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).

This project relates to the following course outcomes:recommend appropriate actions in the business environment based on an understanding of sources of law, substantive legal concepts, legal process and procedure, and available remediesanalyze contractual rights, obligations, liabilities, and remedies in the business environmentanalyze tort rights, obligations, liabilities, and remedies in the business environment 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:areas of business law presenting the greatest potential risk and liabilities for GC; andareas of business operations vulnerable to potential risks and liabilities for which GC should seek legal counsel.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. InstructionsThe report will have two (2) parts.Part I. Risks and LiabilitiesA. 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:Negligence related to any business operationsNegligence related specifically to premises liabilityStrict product liability related to the use of EPI products for GC servicesStrict product liability related specifically to the resale of EPI productsContracts with employeesContracts for the sale of goods with clientsAgency law and contracts with any GC agentsFor 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 businessMinimum of 3 paragraphs for EACH of the two areas of risks and liabilities you choose to discuss (total of 6 paragraphs, minimum)Citations requiredPart II. Legal CounselDuring 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. Explain and support the rationale for your recommendation specifically, in detail and comprehensively, using examples, personal experience(s), etc. Consider specific areas of business operations for which it is particularly important to seek legal counselNote: There is no single correct answer; the detailed, specific rationale and support for your recommendation is most important. It is not necessary to cite 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 paragraphsFormatReportTO: Winnie James, Ralph AndersFROM: (your name)RE: GC risks and liabilitiesPart I. Risks and LiabilitiesA. Business risk #1(1)(2)(3)A. Business risk #2(1)(2)(3)Part II. Legal Counsel______________________Tips for Formatting and Structuring Analysis:Write in complete sentences in paragraph format.Use in-text citations citing to relevant assignment materials. Double-space; 12-point Arial or Times Roman font.Introductory Sentence: Begin with an introductory sentence or very brief paragraph that states your conclusion to the questions asked. Concluding Sentence: End the discussion with a concluding sentence or a very brief paragraph that summarizes your conclusion/what you discussed.Support Arguments and Positions: Please refer to the module in Content, “How to Support Arguments and Positions”. Review the Project Memorandum Thoroughly read the project to ensure all required elements are present. Review the grading rubric to ensure that you gain the most points possible for this assignment.Proofread for spelling and grammatical issues.