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






2. Reasoning court gives for the holding






3. They set time limits for debate - decide how fast the law should be deliberated and when the bill goes to the floor for debate.






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






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






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






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






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






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






10. James Madison - 1789






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






12. Factual case






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






14. Judges are obligated to follow precedent






15. Type of defamation tort; spoken defamation






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






17. 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






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






19. Agreement (offer and acceptance)






20. Presiding officer (senator)






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






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






23. A document filed by the losing party requesting the federal court to appeal a case.






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






25. Injury






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






27. System of checks and balances within the federal government






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






29. 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






30. 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.






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






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






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






34. The sharing of powers between levels of government






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






36. The party filing the appeal






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






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






39. Bottom Line answer






40. Business tort; intrusion in to someones private life; being a voyeur






41. Trial Court






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






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






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






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






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






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






48. The party opposing the appeal






49. Type of defamation tort; written defamation






50. To the president.