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






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






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






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






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






6. (law) behavior by the plaintiff that contributes to the harm resulting from the defendant's negligence






7. 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.






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






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






10. 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






11. 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






12. Judges must abide by precedents in thier jurisdictions.






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






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






15. 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






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






17. 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.






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






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






20. 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.






21. An amendment to the Constitution of the United States guaranteeing the right of free expression






22. 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.






23. 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






24. 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






25. 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






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






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






28. 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






29. 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






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






31. A question asked to determine what is true or to what extent something is true






32. 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






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






34. 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.






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






36. Protects you from unreasonable search and seizure of your home and property






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






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






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






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






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






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






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






44. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.






45. 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






46. State statute that permits a state to obtain personal jurisdiction over nonresident defendants






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






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






49. The courts that awarded compensation back in English Realm






50. Liability without fault. (Strict product liability)