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. The body of laws created by legislative statutes






2. A motion made by a party - during trial - claiming the opposing party has insufficient evidence to reasonably support its case






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






4. 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.






5. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






6. Right to bear arms






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






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






9. 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.






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






11. 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






12. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.






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






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






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






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






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






18. Doctrine under which a person cannot recover for injuries received from a dangerous activity to which she voluntarily exposed herself






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






20. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






21. 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






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






23. 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






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






25. 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.






26. Set of books containing published court decisions






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






28. In litigation - the amount of monetary compensation awarded to a plaintiff in a civil lawsuit as damages. In the context of alternative dispute resolution - the decision rendered by an arbitrator.






29. 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






30. The courts that awarded compensation back in English Realm






31. Enforcable rules governing relationships among individuals and between individuals and thier society.






32. Law concerned with public wrongs against society






33. Rules governing the admissibility of evidence in trial courts.






34. 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






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






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






38. 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.






39. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






40. 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






41. 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






42. Logical formula consisting of a major premise - a minor premise and a conclusion; deceptive or specious argument






43. 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)






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






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






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






47. Propositions or general statements of equitable rules






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






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






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