CRIMINAL LAW
The name of the party who brings criminal action to court
Prosecution
The two parties involved in a civil case
Plaintiff and Defendant
The law of supply states that as price increases supply...
An obligation of a business requiring it to pay to an external party
Liability
The second lowest court in Victoria
County Court
Name the 3 elements required for successful defense to Duress
2. Conduct was neccessary to avoid the threat
3. Conduct is proportionate to the threat
How many total marks are allocated in the exam
70
Invoices are an example of which qualitative characteristic of accouting
Verifiability
Case that established the Neighbour Principle
Donoghue v Stevenson
Name three defenses for negligence
Contributory Negligence | Voluntary Assumption of Risk | Statute of Limitations
The assumption that a business will continue to operate in the future
Going Concern Assumption