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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; not a binding decision. Voluntary settlement.






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






3. Preponderance of the evidence






4. Guilty beyond a reasonable doubt






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






6. States who is suing who. Identifies parties.






7. For the defendant to be liable - the type of harm must have been reasonably forseeable.






8. 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.






9. 1250

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10. During the option period of a contract






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






12. Forseeable harm






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






14. 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






15. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






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






17. 2/3 vote






18. FCC (Federal Communications Commission)






19. (1)statement (2)falseness (3)communicated (4)injury






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






21. Nine.






22. Requires a meeting of the minds






23. Factual case






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






25. There is an established duty of due care






26. Section of the fourteenth amendment where courts must provide equal protection to all cases based on scrutiny






27. Pretrial motions; motions for a summary judgement; asks the court to resolve a lawsuit before it goes to trial






28. Punishable by a prison sentence of one year or more






29. Type of defense; the defendant is incapable of forming mens rea






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






31. Sandra Day Oconnor






32. Termination by simply turning down the offer






33. Thurgood Marshall






34. Defamation - obscenity - speech that creates danger






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






36. Trial Court






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






38. Article I - Section 8

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






40. Majority






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






42. Three.






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






44. Baron Montesquieu






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






46. Consideration; the bargaining that leads to a deal






47. 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






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






49. A law passed by a legislative body






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