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What is legal risks in business?

User Yuri Morales
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Legal risks are those risks that a business organization faces that pertain to legal matters. This type of risk is generally the result of non-compliance with laws, rules, and regulations of the government and other statutory bodies that control businesses.
User Abdulsalam Opeyemi
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17 votes

Answer:

Regulatory Risk. A risk of changes to regulations that result in new compliance costs.

Step-by-step explanation:

User Kaylie
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