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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. Rules governing the admissibility of evidence in trial courts.






2. (law) the initial questioning of a witness by the party that called the witness






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






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






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






6. A motion made by a party - during trial - claiming the opposing party has insufficient evidence to reasonably support its case






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






8. 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






9. Jurisdiction based on claims against property






10. A brief outline of what the defendant and the plaintiff will try to prove.






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






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






13. 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






14. A condensed written summary or abstract






15. 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.






16. 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






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






18. 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






19. Specific length of time an individual can sue for injury resulting from negligence






20. Law concerned with private wrongs against individuals






21. Motion to dismiss - motion for judgment on the pleadings - motion of summary judgement(amont others - motion to strike - motion to make more definite and certain - motion for judgement on the pleadings - motion to compel discovery - motion for summar






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






23. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights






24. 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






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






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






27. 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.






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






29. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






30. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






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






32. 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






33. Settlement of civil disputes between parties using neutral mediators or arbitrators without going to court






34. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






35. 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.






36. 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






37. Judges must abide by precedents in thier jurisdictions.






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






39. The publication of false information about another's product - alleging that it is not what its seller claims.






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






41. Right to a trial by jury






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






43. Party who defends an appeal






44. To confirm priestly authority upon






45. 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.






46. 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






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






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






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






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