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. Sudden killing person out of rage






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






4. The right of the gov to take private land with or without the consent of the owner for public use






5. Holds bailors property for specific time/service






6. 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






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






8. Tenant






9. The activity of keeping something secret






10. Transfers a sellers intrest in property but does not warrant that sellers owns any interst






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






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






13. Handles suits against federal gov and disputes over taxes






14. Nail place - hair place-license to do a job






15. Injuring anothers rep by making false statements






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






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






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






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






20. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






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






22. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






23. Owner of property






24. Court in which wills are proved






25. Taking of another's property or money by a person to whom it has been entrusted






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






27. Substitution of one contract for another often used to settle an honest disagremment of amount






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






29. Owner of property






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






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






32. Continues for 10 years or may be renewed






33. Traditional usually 30 yr period






34. Property found in public place






35. False statement made orally to a 3rd party






36. Contributory negligence - comparative - assumption of risk






37. Contributory negligence - comparative - assumption of risk






38. Interfearane with anothers enjoyment of life or property






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






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






41. Use of substances to excessive extent that are illegal or harmful






42. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






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






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






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






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






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






48. Removal or restraint of a person against their will






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






50. Handles cases involving large amounts of money