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






2. Not doing something you have a legal right to do






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






4. Taking under $300






5. A person who dies without a will






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






7. Contributory negligence - comparative - assumption of risk






8. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






9. The principles of right and wrong that guide an individual in making decisions






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






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






12. Unlawful toutching of another person






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






14. Unlawful taking and carrying away personal property






15. Cant be touched - copy right






16. Interfearane with anothers enjoyment of life or property






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






18. Fixed intrest rate buy monthly rates






19. Tenant wrongfully stays on rental property after the tenancy ended






20. Landlord






21. Entering a b uliding to commit a crime






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






23. Takes place when a person leaves his/her property in anothers possession






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






25. Removal or restraint of a person against their will






26. Contributory negligence - comparative - assumption of risk






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






28. Preclude 'a person from denying or asserting anything to the contrary of that which has - in contemplation of law - been established as the truth - either by the acts of judicial






29. False statement made orally to a 3rd party






30. 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






31. Fraud






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






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






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






35. Detention haring - adjudicatory hearing - disposal hearing






36. Agreements to sell a particular product or service at an agreed price






37. Female who makes the will






38. A written instrument by which the borrower pledges real property to the lender






39. Man who makes a will






40. Continues for 10 years or may be renewed






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






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






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






44. Valid void - express or implied - bilateral or unilateral - oral or written






45. Part of the plaintiff that asisted in causing his/hr injuries






46. Unauthorized taking or borrowing of personal property






47. Doesnt constitute consideration everyone must follow the law






48. 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






49. Tenant






50. Criminal act & required state of mind