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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. Capacity; the parties must be adults and mentally competent






2. First 10 amendments of the constitution; Compromise between federalist and antifederalists; Protects natural rights of liberty and property






3. Type of tort; taking someone elses property without consent.






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






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






6. 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






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






8. 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






9. Article I - Section 8

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






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






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






13. Forseeable harm






14. Guilty beyond a reasonable doubt






15. Judge made law






16. A letter that summarizes the negotiating progress






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






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






19. Arbitration and Mediation






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






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






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






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






24. Sandra Day Oconnor






25. Bottom Line answer






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






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






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






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






30. FCC (Federal Communications Commission)






31. Preponderance of the evidence






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






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






34. Type of defamation tort; written defamation






35. Right to an attorney when facing a prison sentence






36. A court will imply by conduct that there was an agreement between two parties






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






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. The party filing the appeal






40. A contract put in writing laying out all of the terms






41. Legality; the subject matter must be legal






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






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






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






45. Reasoning court gives for the holding






46. There is an established duty of due care






47. Twelve.






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






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






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