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






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






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






4. Right to bear arms






5. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






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






7. 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.






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






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






10. Liability without fault. (Strict product liability)






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






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






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






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






15. 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






16. Right to a trial by jury






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






18. Is strict liability hold a claim if the product or service in question is...






19. Judges must abide by precedents in thier jurisdictions.






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






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






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






23. The power to speak the law.






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






25. 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.






26. 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






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






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






29. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






30. A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weakness of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.






31. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






32. The branch of philosophy concerned with the law and the principles that lead courts to make the decisions they do






33. 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






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






35. 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






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






37. 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.






38. Party who defends an appeal






39. Enforcable rules governing relationships among individuals and between individuals and thier society.






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






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






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






43. 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






44. The body of laws created by legislative statutes






45. Jurisdiction based on claims against property






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






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






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






49. 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.






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