Characteristics of Private Law and Public Law Complete Study Guide Questions Fully Solved.
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Course
PRIVATE LAW
Institution
PRIVATE LAW
Reactive: consequences after damages occur, then services to deter others - Private Law
Origins: from common law - Private Law
Older: evolves over decades and, often, centuries - Private Law
Examples: tort, contract, property law - Private Law
Promotes: norms of competition - Private La...
Reactive: consequences after damages occur, then services to deter others - Private Law
Origins: from common law - Private Law
Older: evolves over decades and, often, centuries - Private Law
Examples: tort, contract, property law - Private Law
Promotes: norms of competition - Private Law
Protects: private interests, agreements, between and among private individuals and private entities -
Private Law
Examples: Palsgraf case (a negligence case under tort law); cause of action for breach of contract -
Private Law
Proactive: designed to deter certain behaviors before damages occur, but imposes penalty for violations
- Public Law
Origins: primarily based on statutes and regulations (made by administrative agencies) - Public Law
Newer: primarily a product of 20th and 21st century law-making - Public Law
Examples: constitutional law, criminal law, regulatory areas (securities regulation, environment
regulation, anti-trust laws, and labor law) - Public Law
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