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Between 1960 and 2013 U.S.GDP, measured in dollars of constant purchasing power, expanded about 5.0 times.However, the standard of living only increased by 4 times over this period.Explain the difference.
De Facto Employees
Individuals who work in conditions similar to employees but without formal recognition or the legal rights of employees, often in a jurisdictional gray area.
Common Law Duty
Obligations or standards of conduct established through judicial decisions, rather than statutory laws, that individuals and entities are expected to follow.
Negligence
A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, often resulting in harm or damage.
Traditional Defenses
Established legal defenses that have been widely recognized and used within the legal system to excuse or mitigate liability.
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