BU231 Lecture Notes - Lecture 1: Constitution Act, 1982, Precedent, Legal English
Document Summary
Managing risk: assessing potential legal risks that businesses face, determining methods to reduce that risk, prevention, devising strategies to cope with legal issues when they arise, resolution options. The legal system in canada: common law vs. civil law, civil law system is codified, all laws are written in books (statutes, acts, codes, common law system - laws are not codified, they are judge made rules (precedent) Federal vs. provincial: constitution act, 1982, canadian charter of rights and freedoms (highest law in the land, only applies to public sector) Statute (we still have statutes in common law) History: organic nature of law, the law changes, it is not static, basis for law is morals and ethics of society (these change) Object of tort law: the object of tort law is to place the injured party back in the position she/he would"ve been, had the tortious act not occurred.