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






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






3. Proposed statutes - submitted to Congress or a legislature






4. A subtype of rejection






5. Binding; an offeror cannot withdraw






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






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






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






9. Right to an attorney when facing a prison sentence






10. To a committee to be studied; and then debated and voted upon; this is where new amendments can be added.






11. James Madison - 1789






12. System of checks and balances within the federal government






13. FCC (Federal Communications Commission)






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






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






16. The legal question that is posed in a case






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






18. 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






19. For the defendant to be liable - the type of harm must have been reasonably forseeable.






20. Trial.






21. To the president.






22. Freedom of speech.






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






24. 1250

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25. Talking trash






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






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






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






29. The obligation to decide current cases based on previous rulings.






30. Type of business crime; the trespassing taking of personal property with intent to steal it. defendant never had the right to have said property in posession






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






32. During the option period of a contract






33. There is an established duty of due care






34. Twelve.






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






36. Thurgood Marshall






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






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






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






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






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






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






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






44. Sandra Day Oconnor






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






46. Consideration; the bargaining that leads to a deal






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






48. Agreement (offer and acceptance)






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






50. 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