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






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






3. 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






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






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






7. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






8. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati






9. Jury selection process of questioning prospective jurors - to ascertain their qualifications and determine any basis for challenge.






10. 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.






11. 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






12. 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.






13. 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






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






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






16. Private proceeding in which each party to a dispute argues its position before the other side - and vice versa. A neutral third party may be present and act as an adviser if the parties fail to reach an agreement






17. Judges must abide by precedents in thier jurisdictions.






18. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






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






20. Law concerned with private wrongs against individuals






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






22. Specific length of time an individual can sue for injury resulting from negligence






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






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






25. A legal proceeding in a court






26. The act of delivering a writ or summons upon someone






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






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






29. Courts that handle cases that involve less than $5000






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






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






32. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






33. Authority shared by both federal and state courts






34. On the premises fr the potential financial benefit of the occupier






35. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






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






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






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






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






40. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






41. Jurisdiction based on claims against property






42. 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.






43. 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






44. Jurisdiction that exists when a case can be heard only in a particular court or type of court.






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






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






47. To confirm priestly authority upon






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






49. A condensed written summary or abstract






50. Supreme Court followed by the U.S. Court of Appeals and The highest state courts. Then followed by federal administrative agencies. U.S. District Courts - Specialized U.S. Courts(bankruptcy courts - court of Federal claims - court of international tr