CAIB 3 Practice Exam questions with correct answers

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 suffered. Compensatory damages for bodily injury are an amalgamation of general and special damages, and based on a number of factors which the courts take into account. State four factors that influence the determination of compensatory damages. - Answer 1. extent of financial support provided by the injured party to his or her family 2. social position 3. reputation 4. financial circumstances 5. ability of the plaintiff's legal representative Explain the assumption that lies at the centre of the Doctrine of Strict Liability. - Answer Based on the assumption that certain activities are so hazardous that, in the event of injury or damage arising out of them, the person conducting the activity shall be presumed to be legal liable