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Bouba received special permission under the Radio and Satellite Signal Reception Act to erect a radio beacon on his property.The statute specified a number of technical requirements,but it did not impose requirements or restrictions regarding the height,shape,size,or location of the beacon.Bouba built a very tall beacon at the edge of his property,about 10 metres from a house that belonged to Virginia on the neighbouring piece of land.That beacon toppled over during a snowstorm and crashed through Virginia's roof.She has sued Bouba for the tort of nuisance.He argues,however,that he is protected by the defence of statutory authority.Is he correct? Explain your answer.
Investment Horizon
The length of time an investor plans to hold a particular investment.
Socially Responsible Fund
An investment fund that seeks to generate financial returns while also considering social and environmental criteria.
Pension Fund Manager
A professional who oversees the investment strategy and operations of a pension fund, aiming to ensure the financial stability and growth of the fund to meet future liabilities.
Index Fund
A type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index.
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