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. Courts that handle cases that involve less than $5000






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






4. Private proceeding in which each party to a dispute argues its position before the other side - and vice versa. A neutral third party may be present and act as an adviser if the parties fail to reach an agreement






5. Party who defends an appeal






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






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






8. Liability without fault. (Strict product liability)






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






10. 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






11. Right to a trial by jury






12. 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.






13. The courts that awarded compensation back in English Realm






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






15. A final judgment for one side in a lawsuit without trial when a judge finds based on pleadings - affidavits - and depositions that there is no genuine factual issue in the lawsuit






16. The moral principle that behavior should be determined by duty - A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong a person should evaluate the action in terms o






17. Jurisdiction based on claims against property






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






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






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






21. 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






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






23. A legal proceeding in a court






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






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






26. Wrongs






27. Judges must abide by precedents in thier jurisdictions.






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






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






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






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






32. 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.






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






34. 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






35. Logical formula consisting of a major premise - a minor premise and a conclusion; deceptive or specious argument






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






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






38. 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.






39. A condensed written summary or abstract






40. In a jury trial - a motion for the judge to take the decision out of the hands of the jury and to direct a verdict for the party who filed the motion on the ground that the other party has not produced sufficient evidence to support her or his claim.






41. Propositions or general statements of equitable rules






42. A major provider of arbitration services






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






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






45. A rule of evidence whereby the negligence of an alleged wrongdoer can be inferred from the fact that the accident happened






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






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






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






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