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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. 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






3. Harm caused by a deliberate action






4. John Roberts






5. Sponsor.






6. Requires a meeting of the minds






7. Injury






8. Procedures for academic dismissal or dismissal from a government job






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






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






11. James Madison - 1789






12. Arbitration and Mediation






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






14. Life - Liberty - Property






15. A letter that summarizes the negotiating progress






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






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






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






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






20. Law made by federal agencies; rules and regulations






21. There was a breach of due care






22. The party filing the appeal






23. 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






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






25. Reference code; label for looking the case up






26. Proposed statutes - submitted to Congress or a legislature






27. Forseeable harm






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






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






30. Race - ethincity and fundamental rights; Any government action that intentionally discriminates against racial or ethnic minorities or interferes with a fundamental right is presumed invalid.






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






32. Consideration; the bargaining that leads to a deal






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






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






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






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






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






38. FCC (Federal Communications Commission)






39. Freedom of speech.






40. Defamation - obscenity - speech that creates danger






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






42. Gender related; such laws must be substantially related to important government objectives. (gov't cant discriminate based on gender through the law making process)






43. Cruel and unusual punishment






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






45. To the conference committee






46. When there is no contract - but the defendant makes a promise that will induce reliance. it would be unjust not to enforce the promise






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






48. Language added to a court's opinion that is beyond what is needed; extra words offered as guidance






49. Reasoning court gives for the holding






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