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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. Reasoning court gives for the holding






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






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






4. Faking car accidents and injury in order to gain a settlement






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






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






7. System of checks and balances within the federal government






8. A violation of a duty imposed by a civil law.






9. To the conference committee






10. Talking trash






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






12. 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






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






14. 1250

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15. Arbitration and Mediation






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






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






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






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






20. Reference code; label for looking the case up






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






22. Law made by federal agencies; rules and regulations






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






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






25. Type of defamation tort; written defamation






26. Right to an attorney when facing a prison sentence






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






28. Wrote 'On the Laws and Customs of England'






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






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






31. 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






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






33. Agreement (offer and acceptance)






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






35. Complaint and summons are served to defendant; answer is provided within 30 days






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






37. During the option period of a contract






38. The party filing the appeal






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






40. Consideration; the bargaining that leads to a deal






41. No unreasonable searches or seizures






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






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






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






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

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






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






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






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






50. Sponsor.