Gie Part 2 Chapter 1

Front 1

Tort

Back 1

Tort is a legal wrong

Front 2

Law is

Back 2

expressed will of society governing relationship among members of that society

Front 3

Insurance is concerned about civil law which refers to laws that givern the relations between private individuals or groups of individuals.

Front 4

Classes of laws

Back 4

Criminal and civil law

Front 5

Comitting a tort means

Back 5

Comitting a legal wrong

Front 6

In Canada there are two basic systems of law

Back 6

Common Law and Statue law

Front 7

Common law is based on

Back 7

Precedent

Front 8

Statute law

Back 8

Written law

Front 9

Common law is applied in all provinces except

Back 9

Quebec

Front 10

Common law applied in all provinces and is supplemented by

Back 10

Statute law

Front 11

In Quebec, all law has been

Back 11

Codified

Front 12

The Civil code contains the basic body of

Back 12

Quebec law

Front 13

Codified law is

Back 13

a statute law which is classified and arranged in a systematic collection or code. It is written law.

Front 14

Common law is

Back 14

a body of well-defined legal principles it is based on the rule of precedent

Front 15

Common law aka

Back 15

Case law

Front 16

Statute law is created by

Back 16

legislation of the federal parliament or provincial legislatures. It is written or codified in the form of acts or statutes passed by an elected body.

Front 17

Provincial law is not uniform but in dealing with insurance

Back 17

there is a considerable degree of uniformity

Front 18

Define a contract

Back 18

an agreement enforceable by law

Front 19

What is agreement

Back 19

Meetings of minds between parties involved

Front 20

An agreement requires

Back 20

An offer and an acceptance of that offer

Front 21

Acceptance must be

Back 21

Unconditional, if there is a change in any term of the offer there is no acceptance but a counter offer.

Communicated between the parties

Made in the manner required by offeror

Made within the time required by the offer

Front 22

An offer cannot be

Back 22

withdrawn once accepted.

Front 23

Absence of a true mutual understanding is the cause for the law to retreat the contract as

Back 23

never having existed.

Front 24

What is a voided contract

Back 24

a contract that never has any legal existence and cannot be enforced

Front 25

Consideration

Back 25

that which one party give or promises to give in exchange for the act or promise of the other. It is the price agreed upon

Front 26

Legal capacity