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






2. A reasoning process in which an individual links his or her moral convictions or ethical standards to the particular situation at hand.






3. Party who defends an appeal






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






5. The principle pleading by the defendant in response to plaintiff's complaint






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






7. An order to appear in person at a given place and time






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






9. Law concerned with private wrongs against individuals






10. Three remedies known as land - items of value - or money






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






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






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






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






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






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






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. Is strict liability hold a claim if the product or service in question is...






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






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






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






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






23. An example that is used to justify similar occurrences at a later time






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






25. Courts that handle cases that involve less than $5000






26. 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






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






28. A reference to or a quotation from an authority






29. Relieve you of some liability when reasonable care is used






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






31. 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






32. 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.






33. The preponderance of evidence which means more likely then not.






34. Set of books containing published court decisions






35. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






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






37. Right to a trial by jury






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






39. 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






40. 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.






41. 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






42. 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.






43. Torts committed via the internet






44. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






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






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






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






48. 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






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






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