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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 body of conventional - or written - law of a particular society at a particular point in time.






2. 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.






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






4. (law) evidence sufficient to warrant an arrest or search and seizure






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






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






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






8. 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






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






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






11. The courts that awarded compensation back in English Realm






12. If the injured party can be made whole by receiving something of economic value - the remedy is a legal remedy [damages] - if a remedy at law is inadequate - a litigant may seek a remedy in equity - which involves notions of fair dealing and justice






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






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






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






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






17. An amendment to the Constitution of the United States that imposes restrictions on the government's prosecution of persons accused of crimes






18. The location where something takes place - esp. a trial






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






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






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






22. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement






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






24. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






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






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






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






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






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






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






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






32. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






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






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






35. 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






36. 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.






37. 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.






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






39. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






40. An act or omission without which an event would not have occurred.






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






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






43. A wrongful act that the actor had no right to do






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






45. Wrongs






46. 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






47. Jurisdiction based on claims against property






48. Authority shared by both federal and state courts






49. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






50. A rule of evidence whereby the negligence of an alleged wrongdoer can be inferred from the fact that the accident happened







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