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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. Talking trash






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






3. No state can deny citizens due process. (14th amendment) this incorporates states to be ruled under the constitution






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






5. They set time limits for debate - decide how fast the law should be deliberated and when the bill goes to the floor for debate.






6. Injuries caused by neglect and oversight rather than deliberate conduct.






7. Type of intent to be proved; means the guilty act






8. The obligation to decide current cases based on previous rulings.






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






10. A less serious crime often punishable by less than one year in prison






11. Complaint and summons are served to defendant; answer is provided within 30 days






12. Legality; the subject matter must be legal






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






14. Establishes the idea precendent

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15. A party may ask the court to order an examination to find out if physical or mental damage is relevant






16. Cruel and unusual punishment






17. If the proceedings of a business occur intrastate but will eventually effect proceedings interstate - this rule states that congress may interfere






18. Requires a meeting of the minds






19. When a law remains untouched on the presidents desk for over 10 days after congress's adjournment






20. Proposed statutes - submitted to Congress or a legislature






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






22. A federal statute that applies to the sale of goods (NOT real estate or services)






23. A defendant engaging in an ultrahazardous activity is virtually always liable for any harm that results






24. Factual case






25. Termination when the offeror dies or the physical contract is destroyed






26. Type of intentional tort (and crime); injuring someone by deliberate deception






27. Sponsor.






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






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






30. Article I - Section 8

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31. If the plaintiff is even slightly negligent he/she recovers nothing






32. Gender related; such laws must be substantially related to important government objectives. (gov't cant discriminate based on gender through the law making process)






33. Due process or the right to a hearing






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






35. Presiding officer (senator)






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






37. 2/3 vote






38. (1)misrepresentation (2)concealment with the intent to take advantage of someone; deception of a person for the purpose of obtaining money or property






39. Judge made law; based on precedent - which leads to stare decisis






40. 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






41. Common law rule; acceptance must be made on the same terms as the offer






42. There is no intention to a contract but the plaintiff gives some benefit to the defendant who knows the plaintiff expects compensation. it would be unjust not to award the damages.






43. Discovery phase: chance for the party to learn about its opponent.






44. Lack of opinion - malice as to public figures - negligence to private individuals






45. An act of a senate member to delay the close of debate or force a decision to be made.






46. Trial.






47. Fraud using electronic communications of any kind;






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






49. United States is a party; the case is about a federal statute; the suit is between citizens of two different states and the the amt is over 75 -000






50. Using false statements or bribes to obtain medicare payments from the federal or state government







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