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






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






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






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






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






6. To the president.






7. Type of defamation tort; written defamation






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






9. System of checks and balances within the federal government






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






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






12. Faking car accidents and injury in order to gain a settlement






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






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






15. The documents that begin a lawsuit: consists of the complaint - answer and sometimes a reply






16. John Roberts






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






18. Law made by federal agencies; rules and regulations






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






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






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






23. Preponderance of the evidence






24. Article I - Section 8

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25. Sponsor.






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






27. Due process or the right to a hearing






28. Twelve.






29. Each side may ask the other side to produce relevant documents for inspection and copying.






30. James Madison - 1789






31. During the option period of a contract






32. Business tort; defendant improperly breached contract and causes injury to plaintiff






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






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






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

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36. A law passed by a legislative body






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






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






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






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






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






42. Unintentional tort - breach of a duty of care






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






44. Arbitration and Mediation






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






46. Freedom of speech.






47. Sandra Day Oconnor






48. 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






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






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