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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) claims against institution, (ii) fines, penalties, punitive damages, (iii) unenforceable contracts resulting from defective documentation, and (iv) loss of institutional reputation
Who is the author of the book "Why Bharat Matters," which is praised as a masterful exposition of diplomatic skills and political perspicacity?
Who wrote the famous book 'A Brief History of Time'?
How many bones are found in the upper limb?
Which literary work titled "The Humble Administrator's Garden" is authored by?
Katie Taylor is famous boxer from which country?
The New Delhi Municipal Committee(NDMC) has passed a proposal to rename New Delhi's Rajpath,the road from Rashtrapati Bhavan to India Gate.
Who authored 'Harshacharita', a biography of the Indian emperor Harshavardhana?
When was the first five year plan started?
Who among the following people wrote a book named "Kitab al-Tafhim"?
Who is elected as the chairman of the Indian Farmers Fertiliser Cooperative (IFFCO)?