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






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






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






4. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






5. 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






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






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






8. The body of rules and regulations and orders and decisions created by administrative agencies of government






9. 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.






10. The courts that awarded compensation back in English Realm






11. Wrongs






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






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






14. Propositions or general statements of equitable rules






15. Drawing a comparison in order to show a similarity in some respect






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






17. Three remedies known as land - items of value - or money






18. 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






19. 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.






20. An amendment to the Constitution of the United States guaranteeing the right of free expression






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






22. Judges must abide by precedents in thier jurisdictions.






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






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






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






26. 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






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. 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.






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






30. 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.






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






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






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






34. 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






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






36. Party who defends an appeal






37. The idea that the goal of society should be the greatest happiness for the greatest number of its citizens






38. 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






39. Someone who petitions a court for redress of a grievance or recovery of a right






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






41. A condensed written summary or abstract






42. 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.






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






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






45. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






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






47. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






48. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






49. (accident - breach of contract - or other event) > Party consults with Attorney(Initial client interview - signing of retainer agreement) > Informal investigation > Plaintiffs attorney files complaint > Defendant attorney files answer to complaint or






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