BR-Legal Aspects of Business: MOBH0251 Week 7 and Assignment 2 (15%) 15% Individual Assignment Due: Friday, July 8, 2022 at 11:59 pm This assignment relates to chapter 4 and should be submitted as a word document by each student. Answer the questions below. Each is worth 5 marks. Describe the types of situations where a company could find itself in a product liability lawsuit. What type of strategies should the company have put in place? (LO4.3) What type of records management strategies should be in place in order to defend a lawsuit regarding product liability? (LO4.2) What steps can a business owner take to protect his or her business from a lawsuit from a trespasser, a licensee, and an invitee? (LO2.3)