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. An agreement when one party to a contract is replaced by another






2. Life of author plus 50 years






3. Female who makes the will






4. Holds bailors property for specific time/service






5. Unlawful taking and carrying away personal property






6. Unlawful toutching of another person






7. When 2 parties to a contract disagree the court uses the reasonable person test






8. For the greatest nmer of people afffected by an actoin. The more good that results the more ethical the action






9. Holds bailors property for specific time/service






10. Tenancy that automatically continues for a successive amount of time






11. The fee paid to a lender when borowing money






12. An outcome that was planned - although the person involved may not have believed that the intended outcome would be harmful to the other person.






13. A person who commits a tort






14. Minor who has done something that would not be a crime if it were done by an adult






15. Actions involving more than 50000 between citizens of different states






16. Taking under $300






17. Unlawful and violent taking of personal property






18. Cant be touched - copy right






19. Original work in a tangible medium of expression






20. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






21. Property right to make use of land beloning to another






22. Unlawful and violent taking of personal property






23. Fraud






24. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






25. Right to use water from waterway on property






26. Court in which wills are proved






27. Detention haring - adjudicatory hearing - disposal hearing






28. A promise made by the purchaser or lessee of land that the use of the premises will conform to conditions specified by the landlord.






29. Criminal act & required state of mind






30. Stops one party from lying to anotherabout a promise






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






32. If someone is already under a legal duty to do something promise is not needed






33. Criminal act & required state of mind






34. Tenancy that automatically continues for a successive amount of time






35. Sudden killing person out of rage






36. An act against the public good - punishable by a fine - imprisonment or both






37. Gives buyer most protection






38. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






39. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






40. Person who has not reached the age off leagal adult hood (age of majority)






41. A person who dies without a will






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






43. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






44. Fixed intrest rate buy monthly rates






45. Laws based on England and custom






46. Fixed intrest rate buy monthly rates






47. Handle estates of the deceased






48. Made any agreement made on Sunday void.






49. Killing with aforethought






50. Revocation - rejection - counter offer - experation of time