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Business Law Test

Subjects : law, business-law
  • 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. (law) the right and power to interpret and apply the law

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

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

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

5. 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

6. 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.

7. A legal proceeding in a court

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

9. 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.

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

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

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

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

14. Occurs when one party to a contract is not given full or accurate information by the other party about the contract subject matter - Intentional misrepresentation of material fact - reasonably relied on by plaintiff resulting in damages

15. A defendant's answer or plea denying the truth of the charges against him

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

17. 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.

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

19. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated

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

21. 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.

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

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

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

25. Judges must abide by precedents in thier jurisdictions.

26. To confirm priestly authority upon

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

28. A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society

29. 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

30. 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.

31. 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

32. The courts that awarded compensation back in English Realm

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

34. A federal - state - or local government unit established to perform a specific function. Administrative agencies are created and authorized by legislative bodies to administer and enforce specific laws.

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

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

37. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs

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

39. 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.

40. 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

41. The body of laws created by legislative statutes

42. 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.

43. The First Amendment guarantee that citizens may freely engage in the religious activities of their choice

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

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

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

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

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

49. The location where something takes place - esp. a trial

50. 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.