CHAPTER 3: FORMATION OF A VALID
1. Explain why an intention to create a legal relationship is an important
element of a valid contract.
An agreement is made between two parties with the promise of doing or not doing
CHAPTER 6: SOLE
PROPRIETORSHIP, AGENCY, AND
Joint Venture A contract relationship in which two or more businesses complete a specific
Limited Liability Partnership A partnership is which each individual partner retains a lim
CHAPTER 2: TORT LAW
Assault Expressed intent of violence or injury to a person.
Battery The act of causing injury with forced intentional harm.
Causation Neglected duty or obligation directly responsible for the cause of an
injury or loss.
CHAPTER 5: PERFORMANCE AND BREACH
Legal tender Canadian currency that is accepted in debt settlements.
1. Explain performance of a contract under contract law.
Performance of contract are parties performing in accord
CHAPTER 1: LAW AND THE
1. What is the purpose of the law?
The law keeps civilians and businesses out of trouble. The laws and rights can
also help further interests of society. These laws protect rights and privileges