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






2. Establishes the idea precendent

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






4. Binding; an offeror cannot withdraw






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






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






7. Type of business crime; taking or using someones property






8. Type of intentional tort; an act that makes a person fear imminent battery






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






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






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






12. Preponderance of the evidence






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






14. James Madison - 1789






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






16. A subtype of rejection






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






18. Laws involving economic and social regulation; laws that regard economic or social status are presumed valid and corporations and people can be classified






19. The sharing of powers between levels of government






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






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






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






23. Termination by simply turning down the offer






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






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






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






27. Judge made law






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






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






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

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31. The party opposing the appeal






32. Injury






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






34. 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






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






36. Defamation - obscenity - speech that creates danger






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






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






39. Using two or more racketeering acts to accomplish any of the following goals: (1) investing or acquiring legitimate businesses with criminal money (2)maintaining or acquiring businesses through criminal activity






40. System of checks and balances within the federal government






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






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






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






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






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






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






47. Sponsor.






48. There is an established duty of due care






49. Reasoning court gives for the holding






50. A letter that summarizes the negotiating progress