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. The documents that begin a lawsuit: consists of the complaint - answer and sometimes a reply






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






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






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






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






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






8. Termination by simply turning down the offer






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






10. Arbitration and Mediation






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






12. Reference code; label for looking the case up






13. A party may ask the court to order an examination to find out if physical or mental damage is relevant






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






15. Presiding officer (senator)






16. Agreement (offer and acceptance)






17. Trial Court






18. James Madison - 1789






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






20. 2/3 vote






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






22. 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






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






24. To the president.






25. Law made by federal agencies; rules and regulations






26. Business tort; using someones likeness or voice without their permission.






27. Fraud using electronic communications of any kind;






28. Life - Liberty - Property






29. Aricle IV section 2 of the constitution that states that the constitution and the united States are the laws of the land. Federal government trumps state law






30. Majority






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






32. 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.






33. No unreasonable searches or seizures






34. Establishes the idea precendent

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


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






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






37. Sponsor.






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






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






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






41. Type of defense; the defendant is incapable of forming mens rea






42. 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






43. Sandra Day Oconnor






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






45. Unintentional tort - breach of a duty of care






46. A letter that summarizes the negotiating progress






47. 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.






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






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






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