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Characteristics of Private Law and Public Law Complete Study Guide Questions Fully Solved. $12.99   Add to cart

Exam (elaborations)

Characteristics of Private Law and Public Law Complete Study Guide Questions Fully Solved.

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  • Course
  • PRIVATE LAW
  • Institution
  • PRIVATE LAW

Reactive: consequences after damages occur, then services to deter others - Private Law Origins: from common law - Private Law Older: evolves over decades and, often, centuries - Private Law Examples: tort, contract, property law - Private Law Promotes: norms of competition - Private La...

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  • August 15, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PRIVATE LAW
  • PRIVATE LAW
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Characteristics of Private Law and
Public Law

Reactive: consequences after damages occur, then services to deter others - Private Law



Origins: from common law - Private Law



Older: evolves over decades and, often, centuries - Private Law



Examples: tort, contract, property law - Private Law



Promotes: norms of competition - Private Law



Protects: private interests, agreements, between and among private individuals and private entities -
Private Law



Examples: Palsgraf case (a negligence case under tort law); cause of action for breach of contract -
Private Law



Proactive: designed to deter certain behaviors before damages occur, but imposes penalty for violations
- Public Law



Origins: primarily based on statutes and regulations (made by administrative agencies) - Public Law



Newer: primarily a product of 20th and 21st century law-making - Public Law



Examples: constitutional law, criminal law, regulatory areas (securities regulation, environment
regulation, anti-trust laws, and labor law) - Public Law

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