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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. Set of books containing published court decisions






2. 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.






3. A major provider of arbitration services






4. 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






5. Right to a trial by jury






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






7. 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.






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






9. (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






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






11. 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.






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






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






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






15. 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.






16. Supreme Court followed by the U.S. Court of Appeals and The highest state courts. Then followed by federal administrative agencies. U.S. District Courts - Specialized U.S. Courts(bankruptcy courts - court of Federal claims - court of international tr






17. Highest official of a monarch. Granted new an unique remedies.






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






19. 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.






20. 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.






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






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






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






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






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






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






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






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






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






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






31. 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






32. Doctrine under which a person cannot recover for injuries received from a dangerous activity to which she voluntarily exposed herself






33. 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






34. To confirm priestly authority upon






35. Right to bear arms






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






37. 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






38. 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.






39. Wrongs






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






41. 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.






42. 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






43. 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






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






45. Protects you from unreasonable search and seizure of your home and property






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






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






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






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






50. 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