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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. Establishes the idea precendent

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






3. To the president.






4. Freedom of speech.






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






6. 2/3 vote






7. Unintentional tort - breach of a duty of care






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






9. Defamation - obscenity - speech that creates danger






10. States who is suing who. Identifies parties.






11. Consideration; the bargaining that leads to a deal






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






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






14. Majority






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. Legality; the subject matter must be legal






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






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






19. Judges are obligated to follow precedent






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






21. Trial.






22. A power granted to congress stating that congress may regulate trade between countries - other states and indian tribes






23. Type of defamation tort; spoken defamation






24. Termination by simply turning down the offer






25. Proposed statutes - submitted to Congress or a legislature






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






27. Collected taxes and helped keep the peace in tenth century England. Equivalent to a modern day Sheriff.






28. During the option period of a contract






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






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






31. A subtype of rejection






32. Cruel and unusual punishment






33. 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






34. John Roberts






35. It must be voted on and approved by both houses and then approved by the president. then it is a law






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






37. Nine.






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






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






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






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






42. Type of defamation tort; written defamation






43. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






44. Three.






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






46. Harm caused by a deliberate action






47. Judge made law






48. 1250

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49. Preponderance of the evidence






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