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






2. A school of legal thought that views the law as a tool for promoting justice in society.






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






4. 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






5. 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






6. 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.






7. 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.






8. 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.






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






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






11. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






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






14. 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






15. The course of action the government takes in response to an issue or problem as deemed by widely held belief.






16. 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






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






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






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






20. Authority shared by both federal and state courts






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






22. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






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






24. 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)






25. 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






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






28. On the premises fr the potential financial benefit of the occupier






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






30. Liability without fault. (Strict product liability)






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






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






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. 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.






35. The process by which the parties in a dispute submit their difference to the judgment of an impartial person or group appointed by mutual consent






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






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






38. Assumption of risk - Superseding cause - and contributory and comparative negligence.






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






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






41. To be on the land of another without right or permission of the owner






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






43. The courts that awarded compensation back in English Realm






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






45. 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.






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






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






48. 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






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






50. The body of laws created by legislative statutes