FRHD 1010 Study Guide - Midterm Guide: Novation, Fiduciary, False Imprisonment

• School: University of Guelph
• Department: Family Relations and Human Development
• Course: FRHD 1010
• Professor: Scott Schau

Document Summary

Stare decisis: the system of determining law through following precedent in out legal system: common law evolved from case decisions made in three common law courts set up under the king"s authority during the middle ages in england (cid:224) court of kings bench (cid:224) the court of the exchequer (cid:224) the court of common pleas. Disadvantages does not deal with legal complexities not appropriate when there is a power imbalance no precedent set no pressure to satisfy public demands limited powers of enforcement. The party requesting the big has committed to follow certain rules as set out in the tender such as: to disclose all relevant info affecting the project, accept only bids that are compliant with the terms of the tender, not accept bids submitted after the closing date, to accept the most competitive bid (in most cases, to treat all parties equally and in good faith.