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. Seller






2. A killing htat takes place during a felony is now a murder






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






4. An amendment or addition to a will






5. No consideration is recieved (only one person benefits)






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






7. Sudden killing person out of rage






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






9. People who are engaged in extremly dangerous activity may be held liable even if there was no negligence






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






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






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






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






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






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






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






17. A tenant has the right to quiet enjoyment






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






19. Consists of threats to a person's business or income that cause him or her to enter a contract without real consent






20. Continues forever






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






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






23. Court in which wills are proved






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






25. Interfearane with anothers enjoyment of life or property






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






27. Have original jurisdiction - the authority to try a case the first time its heard






28. Landlord






29. Duty of care - breach of duty - prximate cause - actualy harm






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






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






32. Interfeerence with a persons right to be left alonne






33. Can be touched (goods)






34. VOID






35. Pay or give anything of value to public officials in order to inlufence their official activity






36. Handles cases involving large amounts of money






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






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






39. Pledges and subscriptions to charities






40. Unlawful killing of another human being with out malice aforethought






41. Taking someones property by intentionally decieving that person






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






43. Right to occupy property for a fixed period of time






44. Unlawful and violent taking of personal property






45. The activity of keeping something secret






46. Continues for 10 years or may be renewed






47. Fixed payments during the life of a loan but one large paymnt at the end






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






49. Taking someones property by intentionally decieving that person






50. Unlawful taking and carrying away personal property