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. Laws based on England and custom






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






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






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






5. Landlord






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






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






8. Property found in public place






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






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






11. Seriously intended - defineete and certain - communicated to the offeree






12. Owner of property






13. A person who dies without a will






14. Doesnt constitute consideration everyone must follow the law






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






16. False statements in written or printed form that injures anothers rep






17. Made any agreement made on Sunday void.






18. Requires that the landlord make those repairds necessary to keep the premisies fit






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






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






21. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






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






23. Man who makes a will






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






25. The body of rules and regulations and orders and decisions created by administrative agencies of government






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






27. Injuring anothers rep by making false statements






28. Buyer






29. Unlawful taking and carrying away personal property






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






31. 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






32. Occurs when one person while breaking a law kills someone






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






34. Court in which wills are proved






35. Sudden killing person out of rage






36. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






37. Involves values that govern a societys attitude toward right and wrong






38. Fixed intrest rate buy monthly rates






39. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






40. Papers fied in courts by the plaintif and the defendant at the beginningof a suit






41. Papers fied in courts by the plaintif and the defendant at the beginningof a suit






42. The fee paid to a lender when borowing money






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






44. VOID






45. 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






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






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






48. The body of rules and regulations and orders and decisions created by administrative agencies of government






49. Occurs when one person while breaking a law kills someone






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