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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. A major provider of arbitration services






2. Law concerned with private wrongs against individuals






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






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






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






6. To confirm priestly authority upon






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






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






9. Set of books containing published court decisions






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






11. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






12. 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.






13. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






14. 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.






15. 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






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






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






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






20. 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






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






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






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






24. 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.






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






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






27. A court will award money or other relief to a party injured by a breach of contract






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






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






30. The power to speak the law.






31. 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.






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






33. 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






34. State courts that handle only matters relating to the transfer of a person's assets and obligations after that person's death - including issues relating to custody and guardianship of children






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






36. 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






37. An act or omission without which an event would not have occurred.






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






39. 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.






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






41. 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.






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






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






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






45. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






46. 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






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






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






49. 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






50. 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.