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






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






3. Claims






4. 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






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






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






7. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






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






10. 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.






11. The rules governing the manner in which civil cases are brough in and progress through the federal courts






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






13. Torts committed via the internet






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






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






16. Judges must abide by precedents in thier jurisdictions.






17. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.






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






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






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






21. 1. employee activity within scope of employment 2. employee is negligent






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






23. 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






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






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






26. 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.






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






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






29. The process by which the parties in a dispute submit their difference to the judgment of an impartial person or group appointed by mutual consent






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






31. 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






32. Liability without fault. (Strict product liability)






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






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






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






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






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






38. The body of laws created by legislative statutes






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






40. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






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






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






43. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






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






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






46. Law concerned with private wrongs against individuals






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






48. 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






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






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