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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. 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)






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






3. 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.






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






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






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






7. Party who defends an appeal






8. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.






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






10. 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






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






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






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






14. 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.






15. 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.






16. The First Amendment guarantee that the government will not create and support an official state church






17. 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.






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






19. 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






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






21. 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.






22. 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






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






24. Jurisdiction based upon claims against a person - in contrast to jurisdiction over the person's property






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






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






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






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






29. 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.






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






31. 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






32. The body of laws created by legislative statutes






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






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






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






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






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






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






39. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






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






41. A reference to or a quotation from an authority






42. 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






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






44. Right to bear arms






45. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






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






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






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






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






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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