LAW 122 Lecture Notes - Private Law, Punitive Damages

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Introduction to tort law y there are 2 main sources of obligations in private law: contract and tort y a tort generally consists of a failure to fulfill a private obligation that was imposed by the law. Concept summary 3. 1: tort law and criminal law. The defendant owes an obligation to the plaintiff. contracts: obligations created by the parties: privity: torts: no need to create a special relationship; imposed duty to others. contracts: only people who can sue or be sued are the parties to contract: compensation: torts: to be put back in position as if tort never occurred; backwards looking. contracts: to be put in position that was expected once promise fulfilled; forward looking: risk management: torts: imposed obligations tougher to manage (can take a person by surprise) contracts: voluntary obligations easier to manage (can limit obligations to promises you know you can fulfill) Place the plaintiff as if the tort did not occur.

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