LAW 122 Study Questions and Answers | New 2025/2026 Update | With Complete Solutions

LAW 122 Study Questions and Answers | New
2025/2026 Update | With Complete Solutions
Why Study Law

- Function of decision-making abilities



- negative consequences



- Positive consequences

4 types of risk management strategies

- Risk avoidance (eliminate risk)



- Risk reduction (minimize risk)



- Risk shifting (make risk someone else's problem)



- Risk acceptance (Live with risk)

3 step Risk Management Process

1. Identification - Can we be liable with this?



2. Evaluation - Assessment of legal risks



3. Response - Reaction to legal risks

, Law vs Rules

All laws are rules but not all rules are law



- Law is not always enforced

Law vs Morality

- What is ethical might not be what is legal



- Moral wrongs

- Legal wrongs

4 Models of Ethical Reasoning

1. Consequences - Should promote good consequences and avoid bad ones



2. Justice and Fairness - Should make sure good and bad consequences are distributed fairly



3. Rights and Duties - We should protect rights and perform duties



4. Character/Virtue - We should protect rights and perform duties

Common Law

- Legal regime based on dispute-based, judge-made law



- Operates in all of Canada except for Quebec