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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 legal doctrine whereby an act is considered negligent because it violates a statute (or regulation)






2. A person who is on your property with your permission; you owe them a higher duty of due care to warn of known dangers






3. Guilty beyond a reasonable doubt






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






5. Type of business crime; the fraudulent conversion of property already in the defendants posession.






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






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






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






9. The rules committee where it is put on a calendar.






10. The floor/leadership - where it is debated upon with no time limit.






11. Language added to a court's opinion that is beyond what is needed; extra words offered as guidance






12. Unintentional tort - breach of a duty of care






13. Capacity; the parties must be adults and mentally competent






14. 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






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






16. John Roberts






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






18. Termination when an offer specifies a time limit for acceptance and the period is binding.






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






20. 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.






21. To the conference committee






22. 1250






23. Any scheme that attempts to unlawfully obtain money or services illegally through the US postal service






24. During the option period of a contract






25. Type of defamation tort; spoken defamation






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






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






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






29. Termination by simply turning down the offer






30. Each side may ask the other side to produce relevant documents for inspection and copying.






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






32. The legal question that is posed in a case






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






34. Forbidding a law to be passed






35. Type of intentnional tort; intentionally entering land that belongs to someone else or remaining on land after being asked to leave






36. When the bill is debated to the floor of the house.






37. Requires a meeting of the minds






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






39. James Madison - 1789






40. Business tort; using someones likeness or voice without their permission.






41. 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






42. A person who volluntarily enters a situation that has an obvious danger cannot complain is he/she is injured






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






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






45. System of checks and balances within the federal government






46. Laws involving economic and social regulation; laws that regard economic or social status are presumed valid and corporations and people can be classified






47. 2/3 vote






48. Proposed statutes - submitted to Congress or a legislature






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






50. Action - print and other expression. Broader than the spoken word