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level: Law and Legal System

Questions and Answers List

level questions: Law and Legal System

QuestionAnswer
What are the functions of law?Public and Private
What is Law?"A set of rules of conduct recognised and applied by a State to members of the community, and enforced through the courts."
What is Constitutional and Administrative Law?"The rules of government and of the administration of justice."
What is Criminal Law?"[The] rules of conduct imposed to protect and regulate society. If the criminal law is broken, the wrongdoer may be punished (e.g. by imprisonment or financial penalty, called a "fine", to be paid into the public purse). A person is guilty of a crime if they have broken the rules in circumstances in which they are considered to have done so wilfully or knowingly – they must have a "guilty mind" as well as having performed a wrongful action."
What is Contract Law?" The law governing enforceable agreements between individuals who have voluntarily entered into contracts."
What is Tort Law?"A system of rules providing individuals with remedies against one another in circumstances where they have not voluntarily entered into an agreement for example, recognised wrongs such as negligence and fraud."
What is Company Law?"The laws regulating the rights and obligations of corporations created under the Companies Act 2006."
What is Insolvency Law?"The laws governing the management and distribution of the assets of debtors who are formally unable to meet their liabilities."
What are intrinsic aids?"[Matters] within an Act itself which may help make the meaning clearer." -ACCA
What are Extrinsic Aids?"[Matters] which may help put an Act into context." - ACCA