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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. 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






2. 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.






3. Jurisdiction based on claims against property






4. 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






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






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






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






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






9. 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.






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






11. The courts that awarded compensation back in English Realm






12. 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






13. The idea that the goal of society should be the greatest happiness for the greatest number of its citizens






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






15. 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.






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






17. 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.






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






19. (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






20. No State can draw unreasonable distinctions between its own residents and those persons who happen to live in other States






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






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






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






24. 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






25. Law concerned with public wrongs against society






26. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






27. 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






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






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






30. (law) evidence sufficient to warrant an arrest or search and seizure






31. 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






32. Propositions or general statements of equitable rules






33. Claims






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






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






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






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






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






39. A claim filed in opposition to another claim in a legal action






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






41. 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






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






43. The powers not delegated to the United States by the Constitution - nor prohibited by it to the states - are reserved to the states respectively - or to the people.






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






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






46. 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






47. A brief outline of what the defendant and the plaintiff will try to prove.






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






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






50. A body of rulings made by judges that become part of a nation's legal system