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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. No State can draw unreasonable distinctions between its own residents and those persons who happen to live in other States






2. 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






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






4. 1. Resident 2. (while within boundaries of state) 3. Long arm statue.






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






6. 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






7. 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.






8. Jurisdiction that exists when a case can be heard only in a particular court or type of court.






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






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






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






12. Propositions or general statements of equitable rules






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






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






15. Right to a trial by jury






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






17. The act of changing location from one place to another






18. A system of government in which the states form a union and the sovereign power is divided between the central government and the member states






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






20. A legal proceeding in a court






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






22. 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.






23. To confirm priestly authority upon






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






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






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






27. 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.






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






29. Nonverbal communication - such as burning a flag or wearing an armband. The Supreme Court has accorded some symbolic speech protection under the first amendment.






30. 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.






31. 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






32. The publication of false information about another's product - alleging that it is not what its seller claims.






33. Is the cause that immediately and directly results in a specific event. if a person can eleminate any one of the 4 elemants - the lawsuit will not be successful.






34. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






35. 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.






36. 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.






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






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






39. A common law writ issued by a superior court to one of inferior jurisdiction demanding the record of a particular case






40. (accident - breach of contract - or other event) > Party consults with Attorney(Initial client interview - signing of retainer agreement) > Informal investigation > Plaintiffs attorney files complaint > Defendant attorney files answer to complaint or






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






42. A major provider of arbitration services






43. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






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






45. 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.






46. 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






47. The unlawful taking or harming of another's personal property; interference with another's right to the exclusive possession of his or her personal property.






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






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






50. Claims