What Is the Logic Behind the Three Different Levels of the Duty

question 60

Essay

What is the logic behind the three different levels of the duty of care owed for bailments depending on who benefits from the bailment? Should these distinctions be eliminated? If so,what is the appropriate level of care to apply to all bailments?

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Definitions:

Social Responsibility

Social responsibility is the commitment of a business to contribute to the well-being of communities and the environment, beyond what is legally required.

Environmental Forces

Environmental forces are external factors such as social, economic, technological, environmental, and political conditions that can affect an organization's operations and strategic planning.

Cause Marketing

A marketing strategy where businesses align with social issues or causes to generate both social and brand value.

Societal Marketing Trend

A marketing approach that considers not only the company's requirements but also the consumers' needs and society's long-term interests.