Duty of care and Expansion option: Difference between pages

Revision as of 19:44, 20 November 2015

The valuable operational choice available to the owner of a project or of a business, to expand it.

This is an example of a real option. Other examples of real options include the options to contract, defer or abandon the given project or business.

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-.  ''Law - negligence.''
+The valuable operational choice available to the owner of a project or of a business, to expand it.
-The legal duty of care is an obligation to take reasonable care to avoid causing damage to another party.
+This is an example of a real option.
+Other examples of real options include the options to contract, defer or abandon the given project or business.
-The legal duty of care generally arises when it is reasonably foreseeable that an act or omission is likely to cause damage.
-The range of other parties to whom the legal duty of care is owed depends on the relationship with them, and the circumstances.
+== See also ==
+* [[Real option]]
-.  ''Ethics''.
-A similar and broader ethical obligation to take reasonable care in relation to potential harm to a wider group of parties, including ones to whom there may not necessarily be a legal obligation.
-== See also ==
-* [[Delict]]
-* [[Duty]]
-* [[Ethics]]
-* [[Fiduciary duty]]
-* [[Negligence]]
-* [[Negligent misrepresentation]]
-* [[Party]]
-* [[Statutory duty]]
-* [[Tort]]
-[[Category:Accounting,_tax_and_regulation]]
+=== Other resources ===
-[[Category:The_business_context]]
+* [[Media:2015_07_July_-_Hidden_treasure.pdf| Hidden treasure, The Treasurer, 2015]]