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. Traditional usually 30 yr period






2. Taking under $300






3. Entering a b uliding to commit a crime






4. So one sided that it unfairly oppresses one party and unreasonably favors the other






5. Life of author plus 50 years






6. Unlawful and violent taking of personal property






7. Detention haring - adjudicatory hearing - disposal hearing






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






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






10. The fee paid to a lender when borowing money






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






12. Thing that poses a risk to chldren who may be attracted to it






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






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






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






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






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






18. Without moral standards or principles






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






20. Interfearane with anothers enjoyment of life or property






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






22. Right to use water from waterway on property






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






24. Killing with aforethought






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






26. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






27. Handwritten over printed






28. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






29. False statement made orally to a 3rd party






30. Supplements common law. Passed by some governmental body and written in some form.






31. Property found in public place






32. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else






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






34. Being issued a driverrs license is a privledge not a right






35. Unlawful toutching of another person






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






37. Something that produces result - without it the result wouldnt of occured






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






39. Continues for 10 years or may be renewed






40. Fixed intrest rate buy monthly rates






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






42. Traditional usually 30 yr period






43. Injuring anothers rep by making false statements






44. Handwritten over printed






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






46. Removal or restraint of a person against their will






47. Papers fied in courts by the plaintif and the defendant at the beginningof a suit






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






49. Landlord






50. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else