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Business Law Vocab - 2

Subjects : law, business-law
  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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 legal doctrine whereby an act is considered negligent because it violates a statute (or regulation)

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

3. Guilty beyond a reasonable doubt

4. The defendant (defamer) knew the statement was false or acted with reckless disregard to the truth

5. Type of business crime; the fraudulent conversion of property already in the defendants posession.

6. Type of intent to be proved; means a guilty state of mind

7. Using false statements or bribes to obtain medicare payments from the federal or state government

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

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

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

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

12. Unintentional tort - breach of a duty of care

13. Capacity; the parties must be adults and mentally competent

14. 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

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. John Roberts

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

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

19. Written questions that the opposing party must answer in writing under oath

20. 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.

21. To the conference committee

22. 1250

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

24. During the option period of a contract

25. Type of defamation tort; spoken defamation

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

27. If the proceedings of a business occur intrastate but will eventually effect proceedings interstate - this rule states that congress may interfere

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

29. Termination by simply turning down the offer

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

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

32. The legal question that is posed in a case

33. Type of intent to be proved; means the guilty act

34. Forbidding a law to be passed

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

36. When the bill is debated to the floor of the house.

37. Requires a meeting of the minds

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

39. James Madison - 1789

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

41. 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

42. A person who volluntarily enters a situation that has an obvious danger cannot complain is he/she is injured

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

44. You have no duty to assist someone in peril unless you created the danger

45. System of checks and balances within the federal government

46. Laws involving economic and social regulation; laws that regard economic or social status are presumed valid and corporations and people can be classified

47. 2/3 vote

48. Proposed statutes - submitted to Congress or a legislature

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

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