Words

Question 1

Statute

Answer 1

A written law passed by a legislative body.

Question 2

Legislation or statute

Answer 2

Laws, considered collectively.

Law made by government.

Question 3

Contract

Answer 3

Agreement which legally binds the parties. Contract is outcome of “consenting minds”.

Question 4

Offer

Answer 4

Definite promise to be bound on specific terms. By nature it cannot be vague.

Question 5

Invitation to treat

ITT

Answer 5

An indication that someone is ready to accept offers with a view to a contract.

Question 6

Codified (civil) law system

Answer 6

Comprehensive and certainty. Like a list of rules.

Question 7

Acceptance

Answer 7

A positive act by a person to whom an offer has been made. If unconditional, the act creates a binding contract.

Question 8

Counter offer

Answer 8

Acceptance of offer which introduces new terms.

Question 9

Negligence

Answer 9

1. Something carried out carelessly.

2. When duty of care owed to someone is broken.

Question 10

Tort

Answer 10

A civil wrong.

you sue in a civil court