Test your basic knowledge |

Business Law Test

Subjects : law, business-law
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A condensed written summary or abstract






2. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






3. Claims






4. Rules governing the admissibility of evidence in trial courts.






5. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






6. The idea that the goal of society should be the greatest happiness for the greatest number of its citizens






7. Occurs when one party to a contract is not given full or accurate information by the other party about the contract subject matter - Intentional misrepresentation of material fact - reasonably relied on by plaintiff resulting in damages






8. The powers not delegated to the United States by the Constitution - nor prohibited by it to the states - are reserved to the states respectively - or to the people.






9. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati






10. The reasoning process used by judges in deciding what law applies to a given dispute and then applying that law to the specific facts or circumstances of the case






11. A question asked to determine what is true or to what extent something is true






12. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






13. (law) a pleading made by a defendant in response to the plaintiff's replication






14. Courts that handle cases that involve less than $5000






15. The preponderance of evidence which means more likely then not.






16. State courts that handle only matters relating to the transfer of a person's assets and obligations after that person's death - including issues relating to custody and guardianship of children






17. Statements made by the plaintiff and the defendant in a lawsuit that detail the facts - charges - and defenses involved in the litigation. The complaint and answer are part of the pleadings.






18. A defendant's answer or plea denying the truth of the charges against him






19. (civil law) a law established by following earlier judicial decisions






20. Ethical or unethical behaviors by employees in the context of their jobs






21. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






22. A statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)






23. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






24. Supreme Court followed by the U.S. Court of Appeals and The highest state courts. Then followed by federal administrative agencies. U.S. District Courts - Specialized U.S. Courts(bankruptcy courts - court of Federal claims - court of international tr






25. A warrant authorizing law enforcement officials to search for objects or people involved in the commission of a crime and to produce them in court






26. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






27. (law) evidence sufficient to warrant an arrest or search and seizure






28. Law that involves the interpretation and application of the U.S. Constitution and state constitutions






29. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






30. A school of legal thought that views the law as a tool for promoting justice in society.






31. Protects you from unreasonable search and seizure of your home and property






32. The First Amendment guarantee that citizens may freely engage in the religious activities of their choice






33. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






34. A controversey that is not hypotheical or academic but real and substansial; a requirement the must be satisfied before a court will hear a case






35. A motion made by a party - during trial - claiming the opposing party has insufficient evidence to reasonably support its case






36. A legal proceeding in a court






37. To be on the land of another without right or permission of the owner






38. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






39. Excessive bail shall not be required - nor excessive fines imposed - nor cruel and unusual punishments inflicted.






40. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






41. A school of legal thought centered on the assumption that there is no law higher then the laws created by the government. Laws must be obeyed - even if they are unjust - to prevent anarchy.






42. The publication of false information about another's product - alleging it is not what its seller claims; also referred to as slander of quality.






43. A system that allows each branch of government to limit the powers of the other branches in order to prevent abuse of power






44. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






45. To confirm priestly authority upon






46. A reasoning process in which an individual links his or her moral convictions or ethical standards to the particular situation at hand.






47. The rules governing the manner in which civil cases are brough in and progress through the federal courts






48. In order to bring a lawsuit before a court a party must have a sufficient 'stake' in a matter to justify seeking relief through the court system






49. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






50. Adj. from the Latin 'against or about a thing -' referring to a lawsuit or other legal action directed toward property - rather than toward a particular person. Thus - if title to property is the issue - the action is 'in rem.' The term is important