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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 condensed written summary or abstract






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






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






4. 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.






5. 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.






6. To confirm priestly authority upon






7. Specific length of time an individual can sue for injury resulting from negligence






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






9. The moral principle that behavior should be determined by duty - A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong a person should evaluate the action in terms o






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






11. Adj. from the Latin 'against or about a thing -' referring to a lawsuit or other legal action directed toward property - rather than toward a particular person. Thus - if title to property is the issue - the action is 'in rem.' The term is important






12. Wrongs






13. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






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






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






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






17. Right to bear arms






18. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






19. 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






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






21. 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.






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






23. Need a set of laws so that commerce is possible; can't have different laws in every state for business. Uniform Commercial Code. Uniform Partnernship Act. Most states adopt them but not in the exact same form






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






25. Judges must abide by precedents in thier jurisdictions.






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






27. An order to appear in person at a given place and time






28. 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.






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






30. A major provider of arbitration services






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






32. 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.






33. 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.






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






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






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






37. Jurisdiction based on claims against property






38. Law concerned with public wrongs against society






39. Claims






40. 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.






41. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






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






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






44. Law concerned with private wrongs against individuals






45. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






46. An amendment to the Constitution of the United States that imposes restrictions on the government's prosecution of persons accused of crimes






47. 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.






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






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






50. 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)