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






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






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






4. Man who makes a will






5. Fixed intrest rate buy monthly rates






6. Made any agreement made on Sunday void.






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






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






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






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






11. Interfeerence with a persons right to be left alonne






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






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






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






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






16. Seller






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






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






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






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






21. Person who has not reached the age off leagal adult hood (age of majority)






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






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






24. Stated in words and may be oral or written






25. Female who makes the will






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






27. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






28. Classifies drugs into groups with set penalties for each group






29. Landlord






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






31. Only entitled to reward if you know about it






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






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






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






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






36. Wrong against an induv.






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






38. Traditional usually 30 yr period






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






40. Unlawful taking and carrying away personal property






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






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






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






44. False statement made orally to a 3rd party






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






46. Landlord






47. Gives buyer most protection






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






49. Continues forever






50. Traditional usually 30 yr period







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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