Under Common Law,an Occupier Owes a Duty of Care to All

question 25

Essay

Under common law,an occupier owes a duty of care to all people coming onto their premises,including trespassers.Why do you think the courts extended this duty of care to trespassers? Do you think that the courts' approach was justified?

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Definitions:

Short Run Exchange Rate Risk

Short run exchange rate risk pertains to the potential for losses that investors or companies face due to fluctuations in the exchange rates between currencies in the near term.

Custom-Designed Refrigerators

Refrigerators that are specially designed to meet specific customer requirements, differentiating them from standard models.

Royalties

Payments made by one party (the licensee) to another (the licensor) for the right to use a particular property, typically intellectual property.

Foreign Subsidiary

A company that is owned or controlled by another company but is located in a country different from the parent company.