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. Authority shared by both federal and state courts






2. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






3. 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.






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






5. A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weakness of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.






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






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






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






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






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






11. Law concerned with private wrongs against individuals






12. A reference to or a quotation from an authority






13. A major provider of arbitration services






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






15. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.






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






17. Torts committed via the internet






18. Previously decided cases that are as similar as possible to the one under consideration






19. 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.






20. 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






21. Liability without fault. (Strict product liability)






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






23. Drawing a comparison in order to show a similarity in some respect






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






25. 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.






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






27. Party who defends an appeal






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






29. The courts that awarded compensation back in English Realm






30. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






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






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






33. An amendment to the Constitution of the United States guaranteeing the right of free expression






34. 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.






35. 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.






36. A claim filed in opposition to another claim in a legal action






37. 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.






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






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






40. An amendment to the Constitution of the United States that imposes restrictions on the government's prosecution of persons accused of crimes






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






43. 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.






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






45. 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






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






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






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






49. 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.






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