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Under the ERM,the Objectives of the Organisation Are

question 48

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Under the ERM,the objectives of the organisation are:


Definitions:

Negligence

Negligence is the failure to take reasonable care to avoid causing injury or loss to another person, resulting in legal liability for any damages caused.

Duress

A condition in which a person performs an act as a result of violence, threat, or other pressure against the person, rendering any agreement made under such conditions potentially voidable.

Criminal Lawsuit

A legal proceeding brought against an individual or entity accused of committing a crime, with the intention of achieving a formal judgment of guilt.

Undue Influence

A situation in which an individual is able to exert a level of influence over another person, typically in a way that undermines the individual's free will or judgement, often a concern in contract law and wills.

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