When There Are Many Businesses and They Are Largely Unrelated

question 6

True/False

When there are many businesses and they are largely unrelated, the firm is referred to as a conglomerate.

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Definitions:

Vicarious Liability

A legal principle that holds one party liable for the actions of another, based on the relationship between the two parties.

Occupiers' Liability Act

Legislation governing the responsibility of property owners or occupiers to ensure the safety of individuals on their premises.

Negligence

A lack of the care expected from a person of average caution facing similar circumstances.

Self Defence

The right to prevent harm to oneself by using reasonable force, as permitted under the law.