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






2. Forbidding a law to be passed






3. To the conference committee






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






5. During the option period of a contract






6. A person who volluntarily enters a situation that has an obvious danger cannot complain is he/she is injured






7. 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






8. A violation of a duty imposed by a civil law.






9. The obligation to decide current cases based on previous rulings.






10. Type of tort; taking someone elses property without consent.






11. 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






12. Establishes the idea precendent

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13. Talking trash






14. Judges are obligated to follow precedent






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






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






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






19. There is an established duty of due care






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






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






22. Type of defamation tort; written defamation






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






24. Requires a meeting of the minds






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






26. Defamation - obscenity - speech that creates danger






27. A letter that summarizes the negotiating progress






28. There was a breach of due care






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






30. Thurgood Marshall






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






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






33. Consideration; the bargaining that leads to a deal






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






35. Type of defense; when the government induces the defendant to break the law.






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






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






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






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






40. Nine.






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






42. Reference code; label for looking the case up






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






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






45. Bottom Line answer






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






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






48. Arbitration and Mediation






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






50. A law passed by a legislative body