CAIB 3 Practice Exam Best Verified Study Guide 2023/2024, Study Guides, Projects, Research of Business Administration

Download CAIB 3 Practice Exam Best Verified Study Guide 2023/2024 and more Study Guides, Projects, Research Business Administration in PDF only on Docsity! CAIB 3 Practice Exam Best Verified Study Guide 2023/2024 Civil Law the body of law concerned with civil or private rights and remedies, as contrasted with criminal law which deals with wrongs against society. Tort a private or civil wrong or injury, other than breach of contract, for which the court will provide a remedy in the form of an award for damages. Breach of Contract is the failure, without legal excuse to perform any promise which forms the whole or part of the contract. Rule of Precedent basic concept in common law in which current court decisions must follow those made in cases having similar circumstances. Statute Law written law enacted by provincial or federal legislation. It amends or supercedes the common law. Damages compensation in money for the loss or damage suffered. Compensatory Damages are damages intended to compensate the injured party for the bodily injury or property damage sustained. General Damages are damages which cannot be exactly determined in monetary terms, but reflect an amount that the court believes necessary to compensate the aggrieved party fairly. Special Damages are damages which can be measured as to amount and are often referred to as out of pocket expenses. Exemplary or Punitive Damages damages which are intended to punish defendants for their behaviour or to make an example of them. Doctrine of Negligence based on the duty of all persons to exercise due care in their conduct towards others from which injury may result. Negligence the failure to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Strict Liability doctrine based on the assumption that certain activities are so hazardous that, in the event of injury or damage arising out of them, the person conducting the activity shall be presumed to be legally liable. Occupier a person who has immediate supervision and control of the premises and the power to admit and exclude the entry of others is an occupier. Nuisance everything that endangers life or health, gives offense to senses, violates the laws of decency, or obstructs reasonable and comfortable use of the property. Trespass an unlawful interference with ones's person, property or rights. Easement a right of persons to use land belonging to others. False Imprisonment holding someone without lawful justification in a place against their will. False Arrest includes false imprisonment but also includes the additional feature of detaining the victims with the intention that they be turned over to the police for prosecution. Malicious Prosecution occurs when: (i) the complainant was arrested and later released; and (ii) evidence provided revealed that the person making the complaint did not have an honest belief that a crime had been committed, but was guided by other improper motives such as a desire to harass or humiliate the victim. Defamation consists of a statement that causes unjustified injury to the reputation of another person and which results in the loss to that person of the esteem, confidence, respect and goodwill of a considerable part of the community. Slander refers to spoken defamation. Libel refers to written defamation.