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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. 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.






2. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.






3. 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)






4. 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.






5. 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






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






7. 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






8. An economically injurious falsehood made about another's product or property; a general term for torts that are more specifically referred to as slander of quality or slander of title.






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






10. 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.






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






12. Propositions or general statements of equitable rules






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






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






15. Highest official of a monarch. Granted new an unique remedies.






16. 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.






17. 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






18. A system that allows each branch of government to limit the powers of the other branches in order to prevent abuse of power






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






20. Torts committed via the internet






21. Questioning of a witness during a trial or during the taking of a deposition - by the party opposed to the one who produced the witness.






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






23. Right to a trial by jury






24. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






25. 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






26. The act of changing location from one place to another






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






28. 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






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






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






31. Party who defends an appeal






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






33. Jurisdiction based on claims against property






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






35. A reference to or a quotation from an authority






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






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






38. Law concerned with public wrongs against society






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






40. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






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






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






43. 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.






44. The body of laws created by legislative statutes






45. 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






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






47. Nonverbal communication - such as burning a flag or wearing an armband. The Supreme Court has accorded some symbolic speech protection under the first amendment.






48. A sum of money paid in compensation for loss or injury






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






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