Key Terms Flashcards
Civil Law
The body of law concerned with civil or private rights and remedies.
Tort
A private or civil wrong or injury, other than branch of contract, for which the court will provide a remedy in the form of an action for damages.
Breach of Contract
Failure without legal excise, to perform any promise which forms the whole or part of a contract.
Rule of Precedent
Current court decisions must follow those made in cases having similar circumstances.
Statute Law
The written law.
Damages
Compensation in money for the loss or damage suffered.
Compensatory Damages
Intended to compensate the injured party for the bodily injury or property damage sustained.
General Damages
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
Damages which can be measured as to amount and are often referred to as out of pocket expenses.
Exemplary or Punitive Damages
To punish defendants for their behaviour or to make an example of them.
Nominal Damages
When there is no substantial loss or injury to be compensated, the courts have awarded damages of a nominal sum.