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CAIB 3 Exam Questions with All Correct Answers
Civil Law - Answer-the body of law concerned with civil or private rights and remedies, 
as contrasted with criminal law which deals with wrongs against society. 
Tort - Answer-a private or civil wrong or injury, other than breach of contract, for which 
the court will provide a remedy in the form of an award for damages. 
Breach of Contract - Answer-is the failure, without legal excuse to perform any promise 
which forms the whole or part of the contract. 
Rule of Precedent - Answer-basic co...
- Exam (elaborations)
- • 5 pages •
Civil Law - Answer-the body of law concerned with civil or private rights and remedies, 
as contrasted with criminal law which deals with wrongs against society. 
Tort - Answer-a private or civil wrong or injury, other than breach of contract, for which 
the court will provide a remedy in the form of an award for damages. 
Breach of Contract - Answer-is the failure, without legal excuse to perform any promise 
which forms the whole or part of the contract. 
Rule of Precedent - Answer-basic co...