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






2. 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






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






4. The unlawful taking or harming of another's personal property; interference with another's right to the exclusive possession of his or her personal property.






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






6. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






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






8. A motion made by a party - during trial - claiming the opposing party has insufficient evidence to reasonably support its case






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






10. 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






11. Liability without fault. (Strict product liability)






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






13. A condensed written summary or abstract






14. The power to speak the law.






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






16. 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






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






18. 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






19. Claims






20. 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






21. Party who defends an appeal






22. 1. employee activity within scope of employment 2. employee is negligent






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






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






25. Set of books containing published court decisions






26. A motion asserting that the trial was so fundamentally flawed (because of error - newly discovered evidence - prejudice - or another reason) that a new trial is necessary to prevent a miscarriage of justice.






27. 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






28. Right to bear arms






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






30. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






31. The courts that awarded compensation back in English Realm






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






33. Negate the claim of negligence(assumption of risk - superceding intervening clause)






34. The First Amendment guarantee that the government will not create and support an official state church






35. 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






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






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






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






39. 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






40. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






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






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






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






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






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






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






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






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






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






50. A legal proceeding in a court