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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. Arbitration and Mediation






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






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






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






5. A court will imply by conduct that there was an agreement between two parties






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






7. Article I - Section 8

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






9. Forseeable harm






10. Twelve.






11. Life - Liberty - Property






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






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






14. An act of a senate member to delay the close of debate or force a decision to be made.






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






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






17. Judges who disagree with the majority holding; states their opposing opinion






18. The obligation to decide current cases based on previous rulings.






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






20. Reasoning court gives for the holding






21. Defamation - obscenity - speech that creates danger






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






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






24. 2/3 vote






25. The study of how people ought to act; does not always mean legal.






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






27. Termination by simply turning down the offer






28. Bottom Line answer






29. Talking trash






30. Nine.






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






33. A letter that summarizes the negotiating progress






34. The opinion of Judges who agree with the holding - but for different reasons.






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






36. 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.






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






38. Malicious use of fire or explosives to damage or destroy real estate or property






39. Sandra Day Oconnor






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






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






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






43. States who is suing who. Identifies parties.






44. Collected taxes and helped keep the peace in tenth century England. Equivalent to a modern day Sheriff.






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






46. Sponsor.






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






48. 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.






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






50. Unintentional tort - breach of a duty of care