Implementing safety measures or quality control.
The 6th edition prepares readers for:
The creation, breach, and remedies for contracts, as well as specialized areas like the sale of goods.
| Likelihood / Severity | Low Impact | High Impact | | :--- | :--- | :--- | | | Monitor (No action) | Insure (Transfer risk) | | High Probability | Manage (Internal process) | Avoid (Do not proceed) |