Singapore Legal System and Business Law

These flashcards cover key concepts and details of the Singapore legal system and business law, as outlined in the lecture notes.

What are the main features of the Singapore Legal System?

The main features include the classification of laws, court structure, law-making processes, and alternative dispute resolution methods.

What is the difference between Criminal Law and Civil Law?

Criminal Law involves wrongs against the state and focuses on punishment, while Civil Law involves disputes between individuals and focuses on compensation.

What are the sources of Singapore law?

The main sources are statutes, case laws, and customary laws.

What is the doctrine of judicial precedent (stare decisis)?

It means that decisions made by higher courts bind lower courts in the same hierarchy within the same legal system.

What is the role of the Supreme Court in Singapore?

The Supreme Court hears all civil and criminal appeals and has the highest authority in legal matters.

What is Mediation in Alternative Dispute Resolution?

Mediation is a process that helps parties reach an amicable settlement and is generally faster and less formal than litigation.

What distinguishes Arbitration from Litigation?

Arbitration is a private dispute resolution process with a binding outcome, whereas litigation is a formal court process that may not be confidential.

What is the burden of proof in Criminal Law?

The burden of proof in Criminal Law is on the prosecution, who must prove the defendant's guilt beyond a reasonable doubt.

What is the typical court process for a bill in law-making?

A bill goes through first reading, second reading, third reading, is passed by Parliament, and finally must be assented to by the President to become an Act.

What occurs in a Small Claims Tribunal in Singapore?

It can hear claims up to $20,000 and has a simpler, faster process compared to traditional courts.