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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. The body of conventional - or written - law of a particular society at a particular point in time.






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






3. The body of rules and regulations and orders and decisions created by administrative agencies of government






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






5. Law concerned with private wrongs against individuals






6. Right to a trial by jury






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






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






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. 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. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






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






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






14. 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.






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






16. 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






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






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






19. 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.






20. 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






21. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






22. 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






23. Ethical or unethical behaviors by employees in the context of their jobs






24. 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.






25. 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.






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






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






28. 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






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






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






31. 1066 in Britain - King William implemented this uniform legal system. He sent judges out to make rulings on cases - thus creating precedents. 1225 - the signing of the Magna Carta established the rule of law in England






32. 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.






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






34. (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






35. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






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






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






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






39. (civil law) a law established by following earlier judicial decisions






40. 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






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






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






43. Wrongs






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






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






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






47. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






48. The publication of false information about another's product - alleging it is not what its seller claims; also referred to as slander of quality.






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






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







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