Law, Regulation & Ethics (Tort Law, Contract Law & Consumer Law)

What is a tort?

A civil wrong that gives rise to compensation.

What are the three elements of negligence?

Duty of care, breach, foreseeable damage.

What is duty of care?

Legal obligation to avoid causing harm to others.

Who usually pays compensation in negligence claims?

The insurer.

What is a contract?

A legally binding agreement.

What are the five essential elements of a contract?

Offer, acceptance, consideration, intention, certainty.

What is consideration?

Something of value exchanged.

What is an invitation to treat?

An invitation to make an offer.

Which case confirms adverts are usually invitations to treat?

Partridge v Crittenden.

What is a void contract?

A contract with no legal effect.

What is a voidable contract?

A contract the injured party may cancel.