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






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






3. Judges must abide by precedents in thier jurisdictions.






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






5. A brief outline of what the defendant and the plaintiff will try to prove.






6. 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.






7. A question asked to determine what is true or to what extent something is true






8. 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






9. 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.






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






11. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






12. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






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






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






15. Set of books containing published court decisions






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






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






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






19. Right to bear arms






20. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






21. 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






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






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






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






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






26. The publication of false information about another's product - alleging that it is not what its seller claims.






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






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






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






30. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






31. Torts committed via the internet






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






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






34. A condensed written summary or abstract






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






36. The party who appeals a decision of a lower court






37. 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






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






39. To confirm priestly authority upon






40. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






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






42. 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






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






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






45. 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)






46. A question that had to do with the US Constitution - acts of Congress - or treaties; it provides a basis for federal jurisdiction






47. 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.






48. A major provider of arbitration services






49. No State can draw unreasonable distinctions between its own residents and those persons who happen to live in other States






50. Wrongs