Duty of care and Liquidity preference: Difference between pages

Revision as of 11:12, 22 August 2013

A desire to hold money in liquid form, for example cash or bonds.

This may be due to the transactions motive, the precautions motive or the speculative motive.

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-.  ''Law - negligence.''
+A desire to hold money in liquid form, for example cash or bonds.
-The legal duty of care is an obligation to take reasonable care to avoid causing damage to another party.
+This may be due to the transactions motive, the precautions motive or the speculative motive.
-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.
-.  ''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]]
+* [[Precautions motive]]
-* [[Duty]]
+* [[Speculative motive]]
-* [[Ethics]]
+* [[Transactions motive]]
-* [[Fiduciary duty]]
-* [[Negligence]]
-* [[Negligent misrepresentation]]
-* [[Party]]
-* [[Statutory duty]]
-* [[Tort]]
-[[Category:Accounting,_tax_and_regulation]]
-[[Category:The_business_context]]
-[[Category:Ethics]]