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






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






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






4. A legal proceeding in a court






5. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






6. 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






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






8. (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






9. 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






10. 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






11. Judges must abide by precedents in thier jurisdictions.






12. 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






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






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






15. 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






16. 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






17. Torts committed via the internet






18. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






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






20. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






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






22. 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.






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






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






25. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






26. The courts that awarded compensation back in English Realm






27. (law) a pleading made by a defendant in response to the plaintiff's replication






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






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






30. 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.






31. 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.






32. Right to a trial by jury






33. 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.






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






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






36. A major provider of arbitration services






37. The power to speak the law.






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






39. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati






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






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






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






43. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






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






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






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






47. The First Amendment guarantee that citizens may freely engage in the religious activities of their choice






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






49. 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.






50. 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







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Can you answer 50 questions in 15 minutes?


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