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Test your basic knowledge |
College Business Law
Start Test
Study First
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. Actions involving more than 50000 between citizens of different states
petit jury
diversity of citizenship
satisfactory preformance
ethics
2. 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
voidable contracts
breach of lease
risparian rights
quitclaim deed
3. Right of a bailee to hold goods until charges are paid
defenses of crimes
easement
characteristics of a contract
mechanics lein
4. Donor must intent to make a gift - gift must be delivered - donee must accept gift
gift
morality
quitclaim deed
bailment
5. A person who commits a tort
capactiy
torte feasor
greatest good principle
kidapping
6. Stops one party from lying to anotherabout a promise
warranty of habitablity
forgery
promissory estopple
mututal benefit bailments
7. Tenancy that automatically continues for a successive amount of time
tender
periodic tenancency
juvinile cases
general warranty deed
8. Difference between fair market value and the debt in the property
intentional torte
kidapping
risparian rights
equity
9. Only entitled to reward if you know about it
reward
gift
misplaced property
district courts
10. Landlord
quitclaim deed
lessor
Felony murder rule
promise to obey the law
11. Faslse making or changing of writing intent to defraud
truth in lending act
death penalty
nuisance
forgery
12. A person who commits a tort
Federal and state constitution
attractive nusiance
agreements to obstruct justice
torte feasor
13. Handle estates of the deceased
battery
periodic tenancency
covenants
probate courts
14. Down payment intrest rate stays the same throughout life of a morgage
fixed rate morgage
truth in lending act
minor who claims to be over the age of majority has committed _______ and can be sued
termination of an offer
15. A killing htat takes place during a felony is now a murder
Felony murder rule
covenants
supreme court
general warranty deed
16. Landlord
tenancy sufferance
supreme court
lessor
to bring a lawsuit up for fraud
17. If someone is already under a legal duty to do something promise is not needed
battery
grantee
accord and satisfaction
pre existing duty
18. Wrong against an induv.
probate courts
covenants
torte
torte feasor
19. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else
negligence
administrative law
sublease
parol evidence rule
20. Use of substances to excessive extent that are illegal or harmful
drug/substance use
fixed rate morgage
lost property
federal controlled substance act
21. Minor who has done something that would not be a crime if it were done by an adult
battery
involuntary manslaughter
lessor
unruly child
22. Holds bailors property for specific time/service
statuatory law
slander
licensing statute
bailee
23. Consists of threats to a person's business or income that cause him or her to enter a contract without real consent
tender
criminal act
unconsinable
economic duress
24. People who are engaged in extremly dangerous activity may be held liable even if there was no negligence
petty larceny
strict liablity
patent
tender
25. Handle estates of the deceased
indictment
probate courts
characteristics of a contract
kidapping
26. False rep of fact - rep known to be false - info relied upon - false rep resulted in a loss
intestacy
mututal benefit bailments
libel
to bring a lawsuit up for fraud
27. Revocation - rejection - counter offer - experation of time
probate courts
unruly child
district courts
termination of an offer
28. Offer - acceptance - genuine agreement - considration - capacity - legality
6 contract elements
codicil
morgage
doctrine of adverse possession
29. Interfeerence with a persons right to be left alonne
invasion of privacy
patent
quitclaim deed
battery
30. Make sell use invention for 17 years
false imprisonment
patent
lessee
intellectual property
31. A tenant has the right to quiet enjoyment
breach of lease
promissory estopple
libel
defenses of crimes
32. Minor who has done something that would not be a crime if it were done by an adult
district courts
6 contract elements
doctrine of adverse possession
unruly child
33. An amendment or addition to a will
codicil
doctrine of adverse possession
steps in a jury trial
usury statue
34. Seriously intended - defineete and certain - communicated to the offeree
battery
doctrine of adverse possession
equitable estopple
3 requirements of an offer
35. Supplements common law. Passed by some governmental body and written in some form.
statuatory law
larceny by false pretenses (fraud)
tenancy at will
testatrix
36. Continues forever
conventional morgage
bailment
crime
tenancy at will
37. Nail place - hair place-license to do a job
conversion
unconsinable
concealment
licensing statute
38. Transfers a sellers intrest in property but does not warrant that sellers owns any interst
quitclaim deed
6 contract elements
special federal courts
undue influence
39. Life of author plus 50 years
balloon payment
minor who claims to be over the age of majority has committed _______ and can be sued
copyright
consideration
40. Being issued a driverrs license is a privledge not a right
petty larceny
usury statue
bailment
motor vehicle violations
41. Sudden killing person out of rage
voluntary man slaughter
tenancy sufferance
6 contract elements
gift
42. The activity of keeping something secret
concealment
assault
6 contract elements
libel
43. Difference between fair market value and the debt in the property
reward
equity
price fixing
agreements to obstruct justice
44. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction
satisfactory preformance
ethics
arraginment
us court of appeals
45. An act against the public good - punishable by a fine - imprisonment or both
promissory estopple
administrative law
crime
capactiy
46. The fee paid to a lender when borowing money
defamation
equity
pre existing duty
usury statue
47. Highest court - has original and appealate jurisdiction - hears all cases
express contract
supreme court
price fixing
reward
48. An agreement when one party to a contract is replaced by another
probate courts
novation
voluntary man slaughter
burgulary
49. Continues for 10 years or may be renewed
addiction
trademark
attractive nusiance
torte
50. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)
pleadings
false imprisonment
murder (homicide)
unconsinable