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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 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






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






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






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






5. Jurisdiction based on claims against property






6. Wrongs






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






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






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






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






11. In litigation - the amount of monetary compensation awarded to a plaintiff in a civil lawsuit as damages. In the context of alternative dispute resolution - the decision rendered by an arbitrator.






12. Authority shared by both federal and state courts






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






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






15. 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.






16. 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






17. 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






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






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






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






21. 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






22. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






23. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






24. The preponderance of evidence which means more likely then not.






25. Right to bear arms






26. The power to speak the law.






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






28. 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






29. 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






30. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






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






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






33. 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.






34. The act of delivering a writ or summons upon someone






35. 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.






36. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






37. The body of laws created by legislative statutes






38. 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






39. 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






40. Party who defends an appeal






41. 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.






42. 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






43. On the premises fr the potential financial benefit of the occupier






44. Automotic appeal based on procedure/law. appeal cannot be made on a error of fact. Car accident example. procedure - wrong court date. law - issue of law is wrong. U.S. Supreme Court appeal is still possible with permission(write of certerori)






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






46. Law concerned with public wrongs against society






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






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






49. A major provider of arbitration services






50. Jury selection process of questioning prospective jurors - to ascertain their qualifications and determine any basis for challenge.







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