Duty of care and Pay: Difference between pages

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imported>Doug Williamson
(Create page. Source: Oxford Dictionary of Law.)
 
imported>Doug Williamson
(Classify page.)
 
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1. ''Law - negligence.''
1.  


The legal duty of care is an obligation to take reasonable care to avoid causing damage to another party.
To discharge a debt by giving or doing something.


The legal duty of care generally arises when it is reasonably foreseeable that an act or omission is likely to cause damage.


2.


The range of other parties to whom the legal duty of care is owed depends on the relationship with them, and the circumstances.
More specifically to give money in return for goods or services.  
 
 
2.  ''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 ==
== See also ==
* [[Delict]]
* [[Debt]]
* [[Duty]]
* [[Pay down]]
* [[Ethics]]
* [[Payee]]
* [[Fiduciary duty]]
* [[Payment]]
* [[Negligence]]
* [[Payor]]
* [[Negligent misrepresentation]]
* [[Positive pay]]
* [[Party]]
* [[Reverse positive pay]]
* [[Statutory duty]]
* [[Tort]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]
[[Category:The_business_context]]
[[Category:Liquidity_management]]

Latest revision as of 21:17, 1 July 2022

1.

To discharge a debt by giving or doing something.


2.

More specifically to give money in return for goods or services.


See also