Test your basic knowledge |

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






2. Nine.






3. 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






4. Binding; an offeror cannot withdraw






5. 1250

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


6. Bottom Line answer






7. Presiding officer (senator)






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






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






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






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






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






13. Judges are obligated to follow precedent






14. Freedom of speech.






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






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






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






18. Requires a meeting of the minds






19. Establishes the idea precendent

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


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






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






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






23. Cruel and unusual punishment






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






25. Type of business crime; taking or using someones property






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


27. A document filed by the losing party requesting the federal court to appeal a case.






28. Allows the FBI to surveillance citizens with out a search warrant from a judge






29. No unreasonable searches or seizures






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






31. Preponderance of the evidence






32. To the president.






33. Sponsor.






34. System of checks and balances within the federal government






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






36. Trial.






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






38. 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.






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






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






41. Items such as trampolines and swimming pools; defendant is liable if there is no protection






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






43. 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.






44. Type of intentional tort; the intentional restraint of another without reasonable cause






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






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






47. Proposed statutes - submitted to Congress or a legislature






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






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






50. The process of one party's lawyer to question the other party or a potential witness under oath.