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CLU3M1 practice test study questions and correct answers GRADED A+

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CLU3M1 practice test study questions and correct answers GRADED A+ CLU3M1 practice test study questions and correct answers GRADED A+ CLU3M1 practice test study questions and correct answers GRADED A+ CLU3M1 practice test study questions and correct answers GRADED A+ CLU3M1 practice test study questions and correct answers GRADED A+ CLU3M1 practice test study questions and correct answers GRADED A+

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Institution
CLU - Chartered Life Underwriter
Course
CLU - Chartered Life Underwriter

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CLU3M1 PRACTICE TEST
STUDY QUESTIONS AND
CORRECT ANSWERS
GRADED A+ 2025-2026
Law (Definition) - ANS-Legal rule made by the Government that applies to all members
of society at all times


Law (Functions) - ANS-Establish Rules of Conduct
Protect Rights and Freedoms
Protect People


Philosophies of Law - ANS-Natural Laws are eternal and enduring ( based on ideas that
include fundamental beliefs in religion, the sanctity of life and equality. )


Positive Laws are human made laws ( dictate morality within society, they change when
society's values change.)


First Division of Law - ANS-Substantive and Procedural Law


Substantive Law - ANS-Substance of the Law.; consists of all the laws that lists rights
and obligations (duties) of each person in society


Procedural Law - ANS-Outlines the the steps involved in protecting the rights given
under substantial law


Division of Substantive Law - ANS-Public and Private

, Public Law - ANS-controls the relationship between governments and the people who
live in society.


Types of Public Law - ANS-Criminal Law- acts committed against society
Constitutional Law- laws that set out the structure of the federal, provincial, and
territorial governments and division of powers.
Administrative Law- controls the relationships between government agencies and the
government.


Private Law (civil law) - ANS-Outlines the legal relationships between citizens, and
citizens and organizations.


Types of Private Law - ANS-Family Law
Contract Law
Tort Law (wrongs that one person commits against another person)
Property Law
Labour Law (governs the relationship between employers and employees)


Early Legal Systems - ANS-Code of Hammurabi
Moses and Mosaic Law
Roman Law


Code of Hammurabi - ANS-famous king who ruled Babylon and decided to take nearly
300 Laws and record them in a way that could be understood by his citizens.
-earliest records of written law


Codification - ANS-writing laws and arranging them so that they can be used and
understood by society.


Retribution - ANS-Every crime has a deserved punishment; a tooth for a tooth and an
eye for an eye. (COH)

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Institution
CLU - Chartered Life Underwriter
Course
CLU - Chartered Life Underwriter

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