CAIB 3 EXAM (2023/2024) | 60+ QUESTIONS WITH CORRECT VERIFIED ANSWERS
– A+ GRADED & UPDATED PDF
Civil Law -
Answer-the body of law concerned with civil or private rights and remedies, as
contrasted with criminal law which deals with wrongs against society.
Tort -
Answer-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 -
Answer-is the failure, without legal excuse to perform any promise which forms the
whole or part of the contract.
Rule of Precedent -
Answer-basic concept in common law in which current court decisions must follow those
made in cases having similar circumstances.
Statute Law -
Answer-written law enacted by provincial or federal legislation. It amends or
supercedes the common law.
Damages -
Answer-compensation in money for the loss or damage suffered.
Compensatory Damages -
Answer-are damages intended to compensate the injured party for the bodily injury or
property damage sustained.
General Damages -
Answer-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 -
Answer-are damages which can be measured as to amount and are often referred to as
out of pocket expenses.
Exemplary or Punitive Damages -
Answer-damages which are intended to punish defendants for their behaviour or to
make an example of them.
Doctrine of Negligence -
Answer-based on the duty of all persons to exercise due care in their conduct towards
others from which injury may result.
Negligence -
Answer-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 -
Answer-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 -
Answer-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.
– A+ GRADED & UPDATED PDF
Civil Law -
Answer-the body of law concerned with civil or private rights and remedies, as
contrasted with criminal law which deals with wrongs against society.
Tort -
Answer-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 -
Answer-is the failure, without legal excuse to perform any promise which forms the
whole or part of the contract.
Rule of Precedent -
Answer-basic concept in common law in which current court decisions must follow those
made in cases having similar circumstances.
Statute Law -
Answer-written law enacted by provincial or federal legislation. It amends or
supercedes the common law.
Damages -
Answer-compensation in money for the loss or damage suffered.
Compensatory Damages -
Answer-are damages intended to compensate the injured party for the bodily injury or
property damage sustained.
General Damages -
Answer-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 -
Answer-are damages which can be measured as to amount and are often referred to as
out of pocket expenses.
Exemplary or Punitive Damages -
Answer-damages which are intended to punish defendants for their behaviour or to
make an example of them.
Doctrine of Negligence -
Answer-based on the duty of all persons to exercise due care in their conduct towards
others from which injury may result.
Negligence -
Answer-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 -
Answer-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 -
Answer-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.
