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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. (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






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






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






4. 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






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






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






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






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






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






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






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






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






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






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






15. 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






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






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






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. A school of legal thought that views the law as a tool for promoting justice in society.






20. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.






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






22. To confirm priestly authority upon






23. Law that involves the interpretation and application of the U.S. Constitution and state constitutions






24. Jurisdiction based on claims against property






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






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






27. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






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






29. Ethical or unethical behaviors by employees in the context of their jobs






30. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






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






32. The publication of false information about another's product - alleging that it is not what its seller claims.






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






34. An economically injurious falsehood made about another's product or property; a general term for torts that are more specifically referred to as slander of quality or slander of title.






35. Law concerned with private wrongs against individuals






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






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






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






39. A legal proceeding in a court






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






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






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






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






44. A reference to or a quotation from an authority






45. Liability without fault. (Strict product liability)






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






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






48. 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)






49. The power to speak the law.






50. 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.