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. Right to occupy property for a fixed period of time






2. Offenses committed against society and its members - their property - and social order






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






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






5. Stated in words and may be oral or written






6. Owner of property






7. Accused brought to court - read indictment - asked to plead guilty or not guilty






8. Criminal act & required state of mind






9. Life of author plus 50 years






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






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






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






14. Cant be touched - copy right






15. Pledges and subscriptions to charities






16. Killing with aforethought






17. 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






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






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






20. Tenant






21. Without moral standards or principles






22. Fraud






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






24. Unlawful and violent taking of personal property






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






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






27. Written accusation charging suspect with crime






28. Handles suits against federal gov and disputes over taxes






29. Buyer






30. Handles cases involving large amounts of money






31. Detention haring - adjudicatory hearing - disposal hearing






32. Insanity - entrapment - self defense - defense of fam member






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






34. Removal or restraint of a person against their will






35. Fixed intrest rate buy monthly rates






36. Continues for 10 years or may be renewed






37. Unlawful taking and carrying away personal property






38. An offer to do what you have agreed to do also known as tender of preformance






39. Unjust taking of money or thing of value by a public offical






40. Failure to act with the prudence that a reasonable person would exercise under the same circumstances






41. Written accusation charging suspect with crime






42. Fraud






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






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






45. Order from the court to stop certain actions and cease contact






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






47. The activity of keeping something secret






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






49. Insanity - entrapment - self defense - defense of fam member






50. Doesnt constitute consideration everyone must follow the law