Tuesday, January 7, 2014

CAIB 3 - Chapter 1 - Commercial Liability


What are the 3 types of damages the courts may award?

-Compensatory Damages
-Exemplary or Punitive damage
-Nominal Damages

What is a Tort?

A wrong or injustice

What is statute law?

The written law

What are compensatory damages for?

intended to compensate the injured party for bodily injury or property damage sustained.

What are general damages?

damages which cannot be exactly determined in monetary terms.

General damages are awarded for items such as

-pain & suffering
-humiliation
-embarrassment
-loss of services
-inconvenience
-disfigurement
-permanency
-future earnings
-future care

What are special damages?

damages which can be measured as to amount and are often referred to as out of pocket expenses

How is property damage measured?

-the difference in value of tangible property before and after damage
-actual losses incurred as result of loss of use of tangible property

Identify the two main bodies of law relating to both Criminal and Civil Matters

Common & Statue Law

Identify the two kinds of wrongs falling within tort law for which compensation may be provided by the courts

Intentional & unintentional

What is a criminal wrong?

one which is considered harmful to the state

What is the primary focus of criminal law?

punishing the person(s) responsible for the crime

What is civil Law?

is the body of law concerned with civil or private rights

What is the primary role of tort law?

to enable victims to obtain compensation for their loss from those that caused it.

Who is a tort feasor?

the person responsible for the wrong

What is an example of intentional wrongs?

-assault
-conversion of goods
-deceit

What is an example of an unintentional tort?

carless or negligent conduct

What is a breach of contract?

failure, without legal excuse, to preform any promise which forms the whole or part of the contract

What is the rule of precedent?

The custom of standing by previous decisions

What punitive sanctions are used to enforce rules?

-fines
-penalties
-community service
-imprisonment

When there is a breach of contract what four options does the court have?

-award damages
-enforce specific performance
-grant injection to prohibit or enforce certain acts
-permit rescission of the contract

What is the purpose of awarding payment for damages when there is a breach of contract?

-to compensate for the failure to preform
-not to punish

What is rescission of a contract?

to void contract, and return parties to their pre-contract position

True or False
Invading rights of others is a legal wrong

true

True or False
Criminal wrongs are harmful to the state

True

True or False
criminal wrongs are outlined in the Canadian criminal code

true

True or False
There is no duty on the state to pursue people who commit criminal wrongs

false

True or False
Civil law deals with private rights and remedies

true

True or False
when private rights are breached it is up to plaintiffs to launch court actions

true

True or False
civil law deals with tort law and contract law

true

State the primary purpose of tort law

to provide compensation to plaintiffs

Provide a example of breach of contract

hire a contractor to build you a house and they never show up

Are the rules of precedent subject to change?

yes, sometimes what made sense in the past no longer makes sense

What are compensatory damages?

are awarded by courts to compensate plaintiffs

what is the purpose of exemplary or punitive damages?

punish defendants

When may courts award nominal damages?

when cases are brought on questions of principals and plaintiffs have not suffered any damages

No comments:

Post a Comment