Corporate Liability and Legal Risks: How Malaysian Businesses Can Stay Protected
An organization can protect its interests within today's complex business environment by getting information about corporate liability and the associated legal risks. Companies face various legal issues that might significantly impact their operations, reputation, and financial stability. Here's how they can continue enjoying protection. Understanding Corporate Liability Corporate liability is the legal responsibility placed upon a corporation for the acts done by its employees, agents, or representatives. Some examples are tort, contract, and regulatory violations. For instance, vicarious liability. Knowing the areas of liability helps businesses understand just how risky an employee's action might take in their employment. Common Legal Risks Afflicting Businesses There is also a great range of legal risks that a every business will face, such as company law Malaysia , contract disputes, intellectual property infringement, and violations of regulatory compliance. Each i