MGM102H5 Chapter Notes - Chapter 17: Intentional Tort, Commercial Paper, Specific Performance
Document Summary
Laws are an essential part of a civilized nation: over time, the direction and scope of the body of laws must change to reflect changes in the needs of society. There are two major kinds of law: statutory law and common law. Statutory law: federal and provincial legislative enactments, treaties of the federal government, and bylaws/ordinances in short, written law. Administrative agencies: federal or state institutions and other government organizations created by parliament or provincial legislatures with delegated power to pass rules and regulations within their mandated area of authority. Legislative bodies can both create administrative agencies and dissolve them. Administrative agencies issue more rulings affecting business and settle more disputes than courts do. There are administrative agencies at the federal, provincial, and local levels of government: at the federal level, the crtc (canadian radio-television and telecommunications. Tort: a wrongful act that causes injury to another person"s body, property, or reputation. Tort law focuses on the compensation of victims.
