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. Someone who petitions a court for redress of a grievance or recovery of a right






2. (law) behavior by the plaintiff that contributes to the harm resulting from the defendant's negligence






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






4. 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.






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






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






7. A clause in a contract providing for arbitration of disputes arising under the contract






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






9. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






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






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






12. 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






13. 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






14. 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






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






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






17. 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






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






19. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






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






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






22. In litigation - the amount of monetary compensation awarded to a plaintiff in a civil lawsuit as damages. In the context of alternative dispute resolution - the decision rendered by an arbitrator.






23. Economic model that compares the marginal costs and marginal benefits of a decision






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






25. 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






26. An informal term used to refer to all laws governing electronic communications and transactions - particularly those conducted via the Internet.






27. 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.






28. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






29. A motion asserting that the trial was so fundamentally flawed (because of error - newly discovered evidence - prejudice - or another reason) that a new trial is necessary to prevent a miscarriage of justice.






30. A court will award money or other relief to a party injured by a breach of contract






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






32. 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






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






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






35. Relieve you of some liability when reasonable care is used






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






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






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






39. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






40. Jurisdiction based on claims against property






41. Negate the claim of negligence(assumption of risk - superceding intervening clause)






42. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






43. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






44. 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






45. The resolution of disputes wit hthe assitance of organizations that offer disputesresolution services via the internet.






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






47. Three remedies known as land - items of value - or money






48. The body of laws created by legislative statutes






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






50. Law concerned with public wrongs against society