Protecting your Business – How to identify and manage risk

Download full presentation:   Protecting your Business

Presentation provided by Stegmanns Incorporated – presented on 31 May 2016 during a KLCBT Networking Breakfast:

Protecting your business:

Liability

Stems from mainly two sources being either contractual or delictual, the former comprising of consent, the latter, an unlawful act or omission.

Contracts

Most rights and obligations in business stem from contracts. It is thus important to understand the underlying principles of contracts to better understand how you can manage your risk.

The Four cornerstones of South African contract law are:

  • Freedom of Contract
  • Sanctity of Contract
  • Good faith
  • Privacy of Contract

Feedback from Members:

“We attend the breakfasts because you always meet someone new”

“It is always nice to be informed about the new laws and what is going on”

“It is nice to be reminded about things you do not think about anymore”