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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. Termination by simply turning down the offer






2. There is an established duty of due care






3. States who is suing who. Identifies parties.






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






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






6. An act of a senate member to delay the close of debate or force a decision to be made.






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






8. Forbidding a law to be passed






9. FCC (Federal Communications Commission)






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






11. Talking trash






12. Agreement (offer and acceptance)






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






14. Three.






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






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






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






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






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






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






21. Presiding officer (senator)






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






23. Thurgood Marshall






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






25. Arbitration and Mediation






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






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






28. Trial.






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






30. The legal question that is posed in a case






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






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






33. Injury






34. Reasoning court gives for the holding






35. Binding; an offeror cannot withdraw






36. 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






37. Cruel and unusual punishment






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






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






40. Race - ethincity and fundamental rights; Any government action that intentionally discriminates against racial or ethnic minorities or interferes with a fundamental right is presumed invalid.






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






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






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






44. John Roberts






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






46. Business tort; intrusion in to someones private life; being a voyeur






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






48. A law passed by a legislative body






49. Type of defamation tort; spoken defamation






50. Forseeable harm