Chapter 2 and 3 Flashcards by natasha elstad

Q

Whats a commercial contract?

A

Agreement between 2 people

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Q

whats common law?

A

its english law systems

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Q

Civil law system?

A

Represented by european systems

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Q

Whats the difference between common law and civil law?

A

common law: they pay attention to the details and the text. Focus on the agreement.
Civil law: look at all the possible circumstances. Preocupied by the balance of the outcome.

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