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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. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






2. A question that had to do with the US Constitution - acts of Congress - or treaties; it provides a basis for federal jurisdiction






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






4. The location where something takes place - esp. a trial






5. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






6. Jury selection process of questioning prospective jurors - to ascertain their qualifications and determine any basis for challenge.






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






8. A federal - state - or local government unit established to perform a specific function. Administrative agencies are created and authorized by legislative bodies to administer and enforce specific laws.






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






10. Discussion with a view to reaching agreement; talking about a conflict where both parties give and take to reach a resolution - without attorneys.






11. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






12. Authority shared by both federal and state courts






13. 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






14. The course of action the government takes in response to an issue or problem as deemed by widely held belief.






15. If the injured party can be made whole by receiving something of economic value - the remedy is a legal remedy [damages] - if a remedy at law is inadequate - a litigant may seek a remedy in equity - which involves notions of fair dealing and justice






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






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






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






19. Judges must abide by precedents in thier jurisdictions.






20. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






21. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






22. Liability without fault. (Strict product liability)






23. 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






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






25. 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






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






27. State statute that permits a state to obtain personal jurisdiction over nonresident defendants






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






29. The body of conventional - or written - law of a particular society at a particular point in time.






30. The First Amendment guarantee that the government will not create and support an official state church






31. 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.






32. 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






33. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






34. 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.






35. 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.






36. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






37. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






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






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






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






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






42. Specific length of time an individual can sue for injury resulting from negligence






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






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






45. A major provider of arbitration services






46. 1. employee activity within scope of employment 2. employee is negligent






47. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.






48. Is strict liability hold a claim if the product or service in question is...






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






50. 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