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. 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.






2. Right to a trial by jury






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






4. Law concerned with public wrongs against society






5. 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.






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






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






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






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






10. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff






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






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






13. In litigation - the amount of monetary compensation awarded to a plaintiff in a civil lawsuit as damages. In the context of alternative dispute resolution - the decision rendered by an arbitrator.






14. Liability without fault. (Strict product liability)






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






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






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






18. 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.






19. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






21. 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






22. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






23. A condensed written summary or abstract






24. The resolution of disputes wit hthe assitance of organizations that offer disputesresolution services via the internet.






25. 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






26. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)






27. Set of books containing published court decisions






28. 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






29. Automotic appeal based on procedure/law. appeal cannot be made on a error of fact. Car accident example. procedure - wrong court date. law - issue of law is wrong. U.S. Supreme Court appeal is still possible with permission(write of certerori)






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






31. A motion asserting that the trial was so fundamentally flawed (because of error - newly discovered evidence - prejudice - or another reason) that a new trial is necessary to prevent a miscarriage of justice.






32. 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.






33. 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






34. To be on the land of another without right or permission of the owner






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






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






37. 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.






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






39. 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






40. Assumption of risk - Superseding cause - and contributory and comparative negligence.






41. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






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






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






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






45. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






46. 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






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






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






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






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