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






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






3. Termination by simply turning down the offer






4. There is an established duty of due care






5. Arbitration and Mediation






6. A tithing of 10 men put together to hold each other accountable. Anglo-saxon method of keeping the peace.






7. Judges are obligated to follow precedent






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






9. States who is suing who. Identifies parties.






10. A defendant breaches his duty of due care by failing to behave the way a reasonable person would under similar circumstances






11. 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.






12. Injury






13. To the conference committee






14. 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






15. Sandra Day Oconnor






16. Thurgood Marshall






17. Presiding officer (senator)






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






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






20. Forbidding a law to be passed






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






22. 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






23. Forseeable harm






24. Type of defense; the practice of forcing another party to behave in an involuntary manner (whether through action or inaction) by use of threats or rewards






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






27. Bottom Line answer






28. Guilty beyond a reasonable doubt






29. The opinion of Judges who agree with the holding - but for different reasons.






30. Unintentional tort - breach of a duty of care






31. Refers to lawsuits; the process of filing claims to courts






32. Legality; the subject matter must be legal






33. Consideration; the bargaining that leads to a deal






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






35. Reference code; label for looking the case up






36. Section of the fourteenth amendment where courts must provide equal protection to all cases based on scrutiny






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






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






39. Due process or the right to a hearing






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






41. Defamation - obscenity - speech that creates danger






42. A letter that summarizes the negotiating progress






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






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






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






46. Requires a meeting of the minds






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






48. A violation of a duty imposed by a civil law.






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






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