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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. Jurisdiction based on claims against property






2. 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






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






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






5. The power to speak the law.






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






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






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






9. 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






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






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






12. 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.






13. 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






14. 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.






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






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






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






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






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






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






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






22. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






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






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






25. A reference to or a quotation from an authority






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






27. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






28. Motion to dismiss - motion for judgment on the pleadings - motion of summary judgement(amont others - motion to strike - motion to make more definite and certain - motion for judgement on the pleadings - motion to compel discovery - motion for summar






29. 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






30. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






31. An amendment to the Constitution of the United States guaranteeing the right of free expression






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






33. A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society






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






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






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






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






38. 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.






39. 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






40. 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.






41. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






42. 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






43. 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






44. Right to bear arms






45. 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.






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






47. 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.






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






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






50. 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