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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. Capacity; the parties must be adults and mentally competent






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






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






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






5. Talking trash






6. Harm caused by a deliberate action






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






8. 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.






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

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






11. Type of business crime; the fraudulent conversion of property already in the defendants posession.






12. The party opposing the appeal






13. The legal question that is posed in a case






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






15. Sponsor.






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






17. Type of defamation tort; spoken defamation






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






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






20. Reasoning court gives for the holding






21. Consideration; the bargaining that leads to a deal






22. Gender related; such laws must be substantially related to important government objectives. (gov't cant discriminate based on gender through the law making process)






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






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






25. Termination when the offeror dies or the physical contract is destroyed






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






27. Forseeable harm






28. The sharing of powers between levels of government






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






30. Three.






31. Cruel and unusual punishment






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






33. Items such as trampolines and swimming pools; defendant is liable if there is no protection






34. Judges are obligated to follow precedent






35. Freedom of speech.






36. Arbitration and Mediation






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






38. Establishes the idea precendent

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






40. Thurgood Marshall






41. To the conference committee






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






43. Proposed statutes - submitted to Congress or a legislature






44. Bottom Line answer






45. Type of intentional tort; the intentional restraint of another without reasonable cause






46. Termination by simply turning down the offer






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






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






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