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BUSINESS LIABILITY - Coggle Diagram
BUSINESS LIABILITY
CONTRACTUAL
Its method of DISCHARGE (ending of the contract) is contentious/ can be disputed
Possible remedies
COMMON LAW ($)
EQUITABLE (fair/ reasonable)
A contract is formed
Contract = a legally binding agreement
TORTIOUS
DEFENCES AVAILABLE (to the Defendant)
Possible remedies
COMMON LAW ($)
EQUITABLE (fair/ reasonable)
PROVING NEGLIGENCE
(3) DAMAGE/ LOSS to Plaintiff
(2) BREACH OF DUTY by Defendant
(1) DUTY OF CARE by Defendant
APPLICATION?
INDIVIDUAL
BUSINESS
GOVERNMENT
Liability?
Responsibility for losses
Losses? (Legal Claims)
Property (e.g. damaged car)
Physical (e.g. broken arm)
Financial (e.g. loss of profit/ income)