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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. 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






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






3. No state can deny citizens due process. (14th amendment) this incorporates states to be ruled under the constitution






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






5. Reasoning court gives for the holding






6. 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.






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






8. Legality; the subject matter must be legal






9. When a law remains untouched on the presidents desk for over 10 days after congress's adjournment






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






11. Judges who disagree with the majority holding; states their opposing opinion






12. Requires a meeting of the minds






13. Trial.






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






15. Article I - Section 8

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16. They set time limits for debate - decide how fast the law should be deliberated and when the bill goes to the floor for debate.






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






18. Binding; an offeror cannot withdraw






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






20. A subtype of rejection






21. Three.






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






23. States who is suing who. Identifies parties.






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






25. To a committee to be studied; and then debated and voted upon; this is where new amendments can be added.






26. A letter that summarizes the negotiating progress






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






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






29. The party filing the appeal






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






31. Allows the FBI to surveillance citizens with out a search warrant from a judge






32. John Roberts






33. During the option period of a contract






34. Freedom of speech.






35. 2/3 vote






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






37. Proposed statutes - submitted to Congress or a legislature






38. Fraud using electronic communications of any kind;






39. The legal question that is posed in a case






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






41. 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






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






43. Due process or the right to a hearing






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






45. Termination by simply turning down the offer






46. Reference code; label for looking the case up






47. FCC (Federal Communications Commission)






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






49. Preponderance of the evidence






50. The defendant (defamer) knew the statement was false or acted with reckless disregard to the truth