CAIB 3 Chapter 1 Study Questions with
Answers
Identify the two divisions in the Canadian Legal System - ✔✔Criminal Law
Civil Law
Should brokers always recommend clients questions concerning maters of law to a qualified
legal practitioner? - ✔✔Yes
Identify eight examples of criminal wrongs - ✔✔Certain uses of an automobile
Possession and trafficking of drugs
Murder
Voluntary manslaughter
Burglary, robbery and theft
Price fixing
Pollution of the air and water
False advertising
Identify two duties of the state with respect to those who commit criminal wrongs -
✔✔Prosecute
Punish
Identify the type of sanctions criminal law uses to enforce its rules - ✔✔Fine
Penalty
Imprisonment
Identify the two areas of civil law - ✔✔Tort law
, Contract law
Identify the primary role of tort law - ✔✔To enable victims to obtain compensation for their
loss from those who caused it
Identify two kinds of torts for which compensation may be provided by the courts -
✔✔Intentional torts
Unintentional torts
Identify the two ways that both criminal and civil laws are established - ✔✔Common law
Statute law
Common law is also called case law. Identify how current court decisions are made in common
law - ✔✔Current court decisions must follow those made in cases having similar circumstances.
This is known as Rule of Precedent
Statute law is written law enacted by legislation. Identify which of statute law or common law
supersedes or amends the other - ✔✔Statute law supercedes or amends the common law
Identify the three types of damages that a court may award in tort actions - ✔✔Compensatory
Damages
Exemplary or punitive damages
Nominal Damages
Identify the two types of compensatory damages - ✔✔General Damages
Special Damages
Identify nine types of General Damages - ✔✔Disfigurement
Embarrassment
Answers
Identify the two divisions in the Canadian Legal System - ✔✔Criminal Law
Civil Law
Should brokers always recommend clients questions concerning maters of law to a qualified
legal practitioner? - ✔✔Yes
Identify eight examples of criminal wrongs - ✔✔Certain uses of an automobile
Possession and trafficking of drugs
Murder
Voluntary manslaughter
Burglary, robbery and theft
Price fixing
Pollution of the air and water
False advertising
Identify two duties of the state with respect to those who commit criminal wrongs -
✔✔Prosecute
Punish
Identify the type of sanctions criminal law uses to enforce its rules - ✔✔Fine
Penalty
Imprisonment
Identify the two areas of civil law - ✔✔Tort law
, Contract law
Identify the primary role of tort law - ✔✔To enable victims to obtain compensation for their
loss from those who caused it
Identify two kinds of torts for which compensation may be provided by the courts -
✔✔Intentional torts
Unintentional torts
Identify the two ways that both criminal and civil laws are established - ✔✔Common law
Statute law
Common law is also called case law. Identify how current court decisions are made in common
law - ✔✔Current court decisions must follow those made in cases having similar circumstances.
This is known as Rule of Precedent
Statute law is written law enacted by legislation. Identify which of statute law or common law
supersedes or amends the other - ✔✔Statute law supercedes or amends the common law
Identify the three types of damages that a court may award in tort actions - ✔✔Compensatory
Damages
Exemplary or punitive damages
Nominal Damages
Identify the two types of compensatory damages - ✔✔General Damages
Special Damages
Identify nine types of General Damages - ✔✔Disfigurement
Embarrassment
