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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. 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






2. Jurisdiction based upon claims against a person - in contrast to jurisdiction over the person's property






3. 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.






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






5. (law) the right and power to interpret and apply the law






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






7. Is the cause that immediately and directly results in a specific event. if a person can eleminate any one of the 4 elemants - the lawsuit will not be successful.






8. The principle pleading by the defendant in response to plaintiff's complaint






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






10. Wrongs






11. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






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






13. 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






14. A reference to or a quotation from an authority






15. Party who defends an appeal






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






17. 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.






18. The unlawful taking or harming of another's personal property; interference with another's right to the exclusive possession of his or her personal property.






19. A condensed written summary or abstract






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






21. Right to a trial by jury






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






23. Propositions or general statements of equitable rules






24. 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.






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






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






27. 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.






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






29. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






30. 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






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






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






33. The body of laws created by legislative statutes






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






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






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






37. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






38. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights






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






40. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






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






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. 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






44. 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.






45. 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.






46. 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






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






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






50. 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