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Chapter 3

LAW 122 Chapter Notes - Chapter 3: Risk Management

Law and Business
Course Code
LAW 122
Jeffrey Boase

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January 28, 2014
- Decisions made by the supreme court of Canada (SCC) must be followed by
all the provinces
- Decisions made by a provincial government does not need to be followed by
other provinces
- Torts are private laws
- Difference between tort and contract; tort is formed by law and contract
formed through agreement
- Tort damages always look backwards
- Risk management doesn't cover everything (there are clauses)
- You be the judge 3.1
Question Answers: pg.78
2. Can sue
3. Mitigation
4. Vicariously Liable
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