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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
Statements:
Some dogs are cats.
No camel is a rat.
All cats are camels.
Conclusions:
I. All dogs may be camels....
Statements: All watches are clocks.
Some wall clocks are calculators.
Conclusions: I. No watch is a calculator.
II. Some calculat...
Statement : All times are distances.
All distances are trains.
All trains are averages.
No average is speed.
Conclusion:<...
Statements:
No tyre is metal.
No steel is aluminium.
Only a few aluminium are copper.
All steel are metal.
Conclusion...
Statements:
Only a few Red are Green.
No Green is Yellow.
No Pink is Red.
Conclusions:
I. Some Red are not Yellow.
In the question below some statements are given followed by four conclusions I, II, III and IV. You have to take the given statements to be true even ...
Statements:
All Water are Tea.
No Tea is Coffee.
Some Coffee are Milk.
Conclusions:
I. No Water is Milk.
II. S...
Statements:
Some children are parents.
All parents are infants.
Some infants are adolescent.
Conclusions:
I. At least...
Statements:
No waiter is a bar.
Some bars are bottles.
All bottles are drinks.
Some drinks are motels.
Conclusions:
