AFM231 Study Guide - Final Guide: Subrogation, Fiduciary, Specific Performance

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM231
• Professor: Sally Gunz

Document Summary

Occupier owes people on the property a duty of care, law is the same as negligence for everyone but trespassers. Occupier someone who has some degree of control over land or buildings on that land (eg. someone conducting business on the property, owner, tenant, or temporary service provider) Contractual entrant someone who has contracted and paid for the right to enter the premise (eg. people at an exhibit) Invitee someone whose presence is of benefit to the occupier (eg. customer, delivery, or service personnel) Licensee someone permitted to enter for their own benefit (eg. guests at a party) Must act with at least the duty of acting with common humanity . If you know kids break onto your property (eg. a factory where they can get hurt) must put up a fence. Intentional or unintentional actions on one neighbour s land that causes harm on another s land.