Test your basic knowledge |

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 legal proceeding in a court






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






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






4. Torts committed via the internet






5. 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.






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






7. A statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)






8. A major provider of arbitration services






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






10. A controversey that is not hypotheical or academic but real and substansial; a requirement the must be satisfied before a court will hear a case






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






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






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






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






15. 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.






16. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






17. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






18. 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






19. Party who defends an appeal






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






21. 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






22. Law concerned with public wrongs against society






23. 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






24. The body of laws created by legislative statutes






25. Law concerned with private wrongs against individuals






26. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






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






28. 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






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






30. Claims






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. 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)






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






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






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






36. To confirm priestly authority upon






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






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






40. 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.






41. 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






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






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






44. A reference to or a quotation from an authority






45. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






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






47. 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






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






49. 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.






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