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. 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.






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






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






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






6. A legal proceeding in a court






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






8. The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization






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






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






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






12. 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






13. A condensed written summary or abstract






14. Liability without fault. (Strict product liability)






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






16. Propositions or general statements of equitable rules






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






18. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.






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






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






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






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






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






24. Jurisdiction based upon claims against a person - in contrast to jurisdiction over the person's property






25. 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.






26. A major provider of arbitration services






27. 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.






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






29. (law) the initial questioning of a witness by the party that called the witness






30. 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






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






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






33. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






34. 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






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






36. Jurisdiction based on claims against property






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






38. 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.






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






40. To be on the land of another without right or permission of the owner






41. 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






42. A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society






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






44. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement






45. Claims






46. 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.






47. 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






48. 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.






49. 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






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