Test your basic knowledge |

College Business Law

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. Owner of property






2. Taking someones property by intentionally decieving that person






3. The activity of keeping something secret






4. Without moral standards or principles






5. Buyer






6. Written accusation charging suspect with crime






7. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






8. Occurs when one person while breaking a law kills someone






9. False rep of fact - rep known to be false - info relied upon - false rep resulted in a loss






10. Faslse making or changing of writing intent to defraud






11. Occurs when a person can no lonnger function normally without regularly consuming alcohol






12. Traditional usually 30 yr period






13. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






14. Exchange of benefits and detriments by parties to an agreement






15. Difference between fair market value and the debt in the property






16. Must be returned to owner if can be found - perosn has right to lost property until the owner is found






17. A tenant has the right to quiet enjoyment






18. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






19. Original work in a tangible medium of expression






20. Use of substances to excessive extent that are illegal or harmful






21. Holds bailors property for specific time/service






22. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






23. Requires that the landlord make those repairds necessary to keep the premisies fit






24. Highest court - has original and appealate jurisdiction - hears all cases






25. Have original jurisdiction - the authority to try a case the first time its heard






26. Offer - acceptance - genuine agreement - considration - capacity - legality






27. Handle estates of the deceased






28. Consists of threats to a person's business or income that cause him or her to enter a contract without real consent






29. Right to occupy property for a fixed period of time






30. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






31. Wrong against an induv.






32. No consideration is recieved (only one person benefits)






33. A person who dies without a will






34. An amendment or addition to a will






35. Property found in public place






36. Decide wheather a person on trial is guilty or innocent






37. Occurs when one person while breaking a law kills someone






38. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






39. Down payment intrest rate stays the same throughout life of a morgage






40. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






41. Nail place - hair place-license to do a job






42. The activity of keeping something secret






43. Only entitled to reward if you know about it






44. Exchange of benefits and detriments by parties to an agreement






45. Laws based on England and custom






46. Stated in words and may be oral or written






47. Right of a bailee to hold goods until charges are paid






48. One which both the bailor and the bailee recieve some benefit






49. Donor must intent to make a gift - gift must be delivered - donee must accept gift






50. Interfearane with anothers enjoyment of life or property