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. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






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






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






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. 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.






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






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






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






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






10. Law concerned with public wrongs against society






11. Torts committed via the internet






12. Jury selection process of questioning prospective jurors - to ascertain their qualifications and determine any basis for challenge.






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






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






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






16. Authority shared by both federal and state courts






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






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






19. 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






20. 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






21. Judges must abide by precedents in thier jurisdictions.






22. 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.






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






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






25. Right to a trial by jury






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






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






28. The publication of false information about another's product - alleging it is not what its seller claims; also referred to as slander of quality.






29. 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






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






31. Right to bear arms






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






33. 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






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






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






36. 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.






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






38. A question asked to determine what is true or to what extent something is true






39. 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.






40. Settlement of civil disputes between parties using neutral mediators or arbitrators without going to court






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






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






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






44. 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






45. To confirm priestly authority upon






46. Party who defends an appeal






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






48. A condensed written summary or abstract






49. 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






50. 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.







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:

Browse all subjects

Browse all tests

Most popular tests



Major Subjects

Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Browse all subjects

Browse all tests

Most popular tests