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






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






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






4. 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






5. 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.






6. 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






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






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






9. 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.






10. 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.






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






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






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






14. The courts that awarded compensation back in English Realm






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






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






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






18. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






19. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






20. Claims






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






22. 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






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






24. Someone who petitions a court for redress of a grievance or recovery of a right






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






26. 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.






27. (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






28. 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






29. A clause in a contract providing for arbitration of disputes arising under the contract






30. The power to speak the law.






31. A major provider of arbitration services






32. Rules governing the admissibility of evidence in trial courts.






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






34. Right to bear arms






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






36. 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






37. 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.






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. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






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






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






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






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






44. The government may not house soldiers in private homes without consent of the owner






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






46. The preponderance of evidence which means more likely then not.






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. 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






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






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