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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. System of checks and balances within the federal government






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






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






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






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






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






7. Majority






8. Fraud using electronic communications of any kind;






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






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






11. Trial Court






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






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






14. 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






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






16. Consideration; the bargaining that leads to a deal






17. Freedom of speech.






18. States who is suing who. Identifies parties.






19. During the option period of a contract






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






21. Establishes the idea precendent

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22. Law made by federal agencies; rules and regulations






23. Discovery phase: chance for the party to learn about its opponent.






24. Presiding officer (senator)






25. Defamation - obscenity - speech that creates danger






26. To the conference committee






27. Aricle IV section 2 of the constitution that states that the constitution and the united States are the laws of the land. Federal government trumps state law






28. The rules committee where it is put on a calendar.






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






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






31. Legality; the subject matter must be legal






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






33. Article I - Section 8

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34. John Roberts






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






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 business crime; taking or using someones property






38. James Madison - 1789






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






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






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






42. Preponderance of the evidence






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






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






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






46. Forseeable harm






47. Harm caused by a deliberate action






48. 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






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






50. Type of intentional tort; the intentional touching of an individual in a way that is unwarranted or offensive