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Business Law Vocab - 2

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. The introduction of a neutral third party in resolving a dispute; not a binding decision. Voluntary settlement.






2. No self incrimination / due process (miranda warnings)






3. A law passed by a legislative body






4. A plaintiff may generally recover even if he/she is partially negligible






5. Pretrial motions; motions for a summary judgement; asks the court to resolve a lawsuit before it goes to trial






6. To the conference committee






7. Faking car accidents and injury in order to gain a settlement






8. Judges who disagree with the majority holding; states their opposing opinion






9. Termination by simply turning down the offer






10. Business tort; defendant improperly breached contract and causes injury to plaintiff






11. Aricle IV section 2 of the constitution that states that the constitution and the united States are the laws of the land. Federal government trumps state law






12. Talking trash






13. Type of intentional tort; an act that makes a person fear imminent battery






14. Business tort; intrusion in to someones private life; being a voyeur






15. To the president.






16. For the defendant to be liable - the type of harm must have been reasonably forseeable.






17. The defendant (defamer) knew the statement was false or acted with reckless disregard to the truth






18. Using two or more racketeering acts to accomplish any of the following goals: (1) investing or acquiring legitimate businesses with criminal money (2)maintaining or acquiring businesses through criminal activity






19. Reasoning court gives for the holding






20. Unintentional tort - breach of a duty of care






21. When there is no contract - but the defendant makes a promise that will induce reliance. it would be unjust not to enforce the promise






22. Type of defense; when the government induces the defendant to break the law.






23. Type of defamation tort; written defamation






24. The sharing of powers between levels of government






25. Aka imminent domain; government cant take a persons land unless they prove it will be used for a public purpose and provide proper compensation.






26. Due process or the right to a hearing






27. Type of intentional tort; the intentional touching of an individual in a way that is unwarranted or offensive






28. The introduction of a neutral third party in resolving a dispute; issues a binding decision.






29. During the option period of a contract






30. The facts imply that the defendants negligence caused the act; 'the thing speaks for itself'






31. Type of intent to be proved; means a guilty state of mind






32. Establishes the idea precendent

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33. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






34. Forseeable harm






35. Written questions that the opposing party must answer in writing under oath






36. The party filing the appeal






37. Attorneys ask jurors a set of questions to determine bias






38. You have no duty to assist someone in peril unless you created the danger

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39. A company becomes liable if they do not perform a background check






40. (1)statement (2)falseness (3)communicated (4)injury






41. Trial.






42. An offered can be terminated anytime before the offer has been accepted.






43. Twelve.






44. To a committee to be studied; and then debated and voted upon; this is where new amendments can be added.






45. Injury






46. The study of how people ought to act; does not always mean legal.






47. Preponderance of the evidence






48. Punishable by a prison sentence of one year or more






49. If a company does not address an insubordinate employee - they become liable






50. Consists of two members of the House of Representatives and two members of the senate; they try to compromise between two edited versions of a bill to make it equal.