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. Liability without fault. (Strict product liability)






2. 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.






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






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






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






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






7. 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






8. Claims






9. 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






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






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






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






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






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






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






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






17. 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






18. A final judgment for one side in a lawsuit without trial when a judge finds based on pleadings - affidavits - and depositions that there is no genuine factual issue in the lawsuit






19. A controversey that is not hypotheical or academic but real and substansial; a requirement the must be satisfied before a court will hear a case






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






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






23. The act of delivering a writ or summons upon someone






24. Courts that handle cases that involve less than $5000






25. (civil law) a law established by following earlier judicial decisions






26. Set of books containing published court decisions






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






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






29. 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






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






31. (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






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






33. 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






34. Torts committed via the internet






35. A statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)






36. Authority shared by both federal and state courts






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






38. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






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






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






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






42. On the premises fr the potential financial benefit of the occupier






43. The principle pleading by the defendant in response to plaintiff's complaint






44. A condensed written summary or abstract






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






46. Jurisdiction based on claims against property






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






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






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






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