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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. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






2. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff






3. The party who appeals a decision of a lower court






4. A major provider of arbitration services






5. To confirm priestly authority upon






6. 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






7. Law concerned with public wrongs against society






8. Private proceeding in which each party to a dispute argues its position before the other side - and vice versa. A neutral third party may be present and act as an adviser if the parties fail to reach an agreement






9. A sum of money paid in compensation for loss or injury






10. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






11. The act of delivering a writ or summons upon someone






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






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






14. (law) the right and power to interpret and apply the law






15. Settlement of civil disputes between parties using neutral mediators or arbitrators without going to court






16. 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






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






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






19. The moral principle that behavior should be determined by duty - A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong a person should evaluate the action in terms o






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






21. An economically injurious falsehood made about another's product or property; a general term for torts that are more specifically referred to as slander of quality or slander of title.






22. A final judgment for one side in a lawsuit without trial when a judge finds based on pleadings - affidavits - and depositions that there is no genuine factual issue in the lawsuit






23. Enforcable rules governing relationships among individuals and between individuals and thier society.






24. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)






25. A wrongful act that the actor had no right to do






26. On the premises fr the potential financial benefit of the occupier






27. The government may not house soldiers in private homes without consent of the owner






28. An act or omission without which an event would not have occurred.






29. A body of rulings made by judges that become part of a nation's legal system






30. Need a set of laws so that commerce is possible; can't have different laws in every state for business. Uniform Commercial Code. Uniform Partnernship Act. Most states adopt them but not in the exact same form






31. Claims






32. An order to appear in person at a given place and time






33. 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






34. Law concerned with private wrongs against individuals






35. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.






36. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






37. Logical formula consisting of a major premise - a minor premise and a conclusion; deceptive or specious argument






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






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






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






41. The process by which the parties in a dispute submit their difference to the judgment of an impartial person or group appointed by mutual consent






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






43. 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.






44. Right to a trial by jury






45. Questioning of a witness during a trial or during the taking of a deposition - by the party opposed to the one who produced the witness.






46. A condensed written summary or abstract






47. 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






48. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






49. Assumption of risk - Superseding cause - and contributory and comparative negligence.






50. An example that is used to justify similar occurrences at a later time