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






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






3. Liability without fault. (Strict product liability)






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






5. 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






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






7. Claims






8. A wrongful act that the actor had no right to do






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






10. Law concerned with public wrongs against society






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






12. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






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






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






15. 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






16. 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.






17. 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






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






19. The government may not house soldiers in private homes without consent of the owner






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






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






22. A defendant's answer or plea denying the truth of the charges against him






23. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






24. A condensed written summary or abstract






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






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






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






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






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






30. 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.






31. 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






32. An act or omission without which an event would not have occurred.






33. 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






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






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






36. A warrant authorizing law enforcement officials to search for objects or people involved in the commission of a crime and to produce them in court






37. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






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






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






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






41. Propositions or general statements of equitable rules






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






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






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. 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






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






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






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






49. 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.






50. 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.