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Tort Law is commonly referred to as

  1. Criminal Offence

  2. Common Law

  3. Lawyers Law

  4. Petty Law

The correct answer is: Common Law

Tort law is indeed often referred to as "Common Law." This is because it is a type of law that has not been codified within statutes but is instead derived from court decisions and precedents. It's part of a body of law that is established in the judiciary and called 'common' because it is applied universally. The purpose of tort law is to right a wrong that has been done, which is often accomplished through financial compensation. It's largely focused on civil disputes, whereas (A) Criminal Offence pertains to harmful acts that are considered offenses against the state or public. Furthermore, options (C) Lawyers Law and (D) Petty Law aren't recognized legal terminologies. Hence, these options are incorrect.