Strict liability rule - Study guides, Class notes & Summaries

Insurance: transfer of risk by contract to insurers who agree to indemnify insureds for losses Risk: chance of loss pure risk: only outcomes are loss or no loss personal risk: premature death, insufficient income, poor health, unemployment property risk: loss of real property or personal property (on the land not the land itself) Liability risk: something that results in loss to another (3rd party buyout) Controlling risk: risk management; minimal loss speculative risk: either profit or l...

NCTJ Media Law – Contempt Latest Version Already Passed Strict Liability Contempt under the Contempt of Court Act 1981 "Substantial risk of serious prejudice" and "Proceedings are active" Proceedings active when 1) A person has been arrested 2) A warrant has been issued for his or her arrest 3) A summons has been issued 4) The accused has been charged orally Proceedings cease to be active when 1) The arrested person is released without charge 2) No arrest is made within ...

NALA Certified Paralegal Exam Terms And Concepts Questions And Answers Rated A+. Estate administration - correct answer.The process in which a decedent's personal representative settles the affairs of the decedent's estate (collects assets, pays debts and taxes, and distributes the remaining assets to heirs); the process is usually overseen by a probate court. inter vivos trust - correct answer.A trust created by the grantor (settlor) and effective during the grantor's lifetim...

CAIB 3 Practice Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS What is the name given to the collection of written decisions? - Answer -Case Law Explain the concept of the Rule of Precedent. - Answer -Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer -Co...

NCTJ Media Law Exam Questions And Answers When was the Contempt of Court statute introduced and what does it say? - ANS 1981 - Disobeying or showing disrespect to the authority or dignity of the court Strict liability rule - ANS This rule refers to a legal principle where liability is imposed on an individual or entity for a particular offense or violation regardless of their intent, knowledge, or fault. It means that a person can be held legally responsible for an action or con...

What is the name given to the collection of written decisions? - correct answer Case Law Explain the concept of the Rule of Precedent. - correct answer Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - correct answer Compensation in money for the loss or damage suffered. Compensatory damages f...

What are the two types of contempt? (2) - correct answer 1. Common Law contempt; 2. Strict Liability contempt What can be considered Common Law contempt? - correct answer Publishing material which creates a substantial risk of serious prejudice to legal proceedings which are imminent or pending. What does the Criminal Justice Act 1925 prevent? - correct answer Court sketches or portraits made in courtroom. What must be proved under Common Law contempt if material is published that can ...

CAIB 3 Practice Exam Questions and Answers 100% Pass What is the name given to the collection of written decisions? - Answer- Case Law Explain the concept of the Rule of Precedent. - Answer- Current court decisions must follow those made in cases having similar circumstances, which allows the development of a logical body of general principles against which specific cases to be compared. Explain the meaning of the term "damages". - Answer- Compensation in money for the loss or damage su...

Legal wrong - ANSWER-a violation of a person's legal rights, or a failure to perform a legal duty owed to a certain person or to society as a whole types of legal wrong - ANSWER-crime, breach of contract, tort Tort - ANSWER-a legal wrong for which the court allows a remedy in the form of monetary damages Plaintiff - ANSWER-the person who is injured Tortfeasor - ANSWER-the alleged wrongdoer three categories of tort - ANSWER-intentional, strict liability, negligence Intentional ...

Summary *2024* LPC Commercial Law & Intellectual Property (CLIP) – BPP Distinction Level Notes & Step-by-Step Exam Solutions What is the difference between unilateral and a bilateral contract? Bilateral - parties assume obligation to each other. Unilateral - 1 party makes an offer for an act to be performed by other party/parties. Relevant statute to put in answer Sale of goods in a B2B context (governed by SGA 1979 and UCTA 1977) -SGSA 1982 For contract terms and exemptions questions T...