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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. Trial.






2. Presiding officer (senator)






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






4. 1250


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






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






7. Majority






8. Proposed statutes - submitted to Congress or a legislature






9. 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.






10. To a committee to be studied; and then debated and voted upon; this is where new amendments can be added.






11. The process of one party's lawyer to question the other party or a potential witness under oath.






12. The legal question that is posed in a case






13. The sharing of powers between levels of government






14. Three.






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






16. There was a breach of due care






17. Injuries caused by neglect and oversight rather than deliberate conduct.






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


19. 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






20. Type of defamation tort; written defamation






21. 2/3 vote






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






23. 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.






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






25. The party filing the appeal






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






27. Termination by simply turning down the offer






28. Reasoning court gives for the holding






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






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






31. Baron Montesquieu






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






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






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






35. 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






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






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






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






39. Type of defamation tort; spoken defamation






40. To the president.






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






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






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






44. The party opposing the appeal






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






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






47. System of checks and balances within the federal government






48. To the conference committee






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






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