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. Questioning of a witness during a trial or during the taking of a deposition - by the party opposed to the one who produced the witness.






2. 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






3. 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.






4. 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.






5. 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.






6. To confirm priestly authority upon






7. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






8. 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






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






10. The power to speak the law.






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






12. Enforcable rules governing relationships among individuals and between individuals and thier society.






13. 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.






14. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






15. Claims






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






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






18. The branch of philosophy concerned with the law and the principles that lead courts to make the decisions they do






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






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






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






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






23. Negate the claim of negligence(assumption of risk - superceding intervening clause)






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






25. 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






26. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






27. 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.






28. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






29. A school of legal thought that views the law as a tool for promoting justice in society.






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






31. A question that had to do with the US Constitution - acts of Congress - or treaties; it provides a basis for federal jurisdiction






32. Torts committed via the internet






33. 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






34. 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.






35. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






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






37. (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






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






39. 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






40. Right to a trial by jury






41. The idea that the goal of society should be the greatest happiness for the greatest number of its citizens






42. A major provider of arbitration services






43. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






44. Law concerned with public wrongs against society






45. 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






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






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






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






49. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






50. 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.