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. Unlawful and violent taking of personal property






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






3. Tenant






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






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






6. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






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






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






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






10. Without moral standards or principles






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






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






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






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






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






16. Continues for 10 years or may be renewed






17. Injuring anothers rep by making false statements






18. Interfearane with anothers enjoyment of life or property






19. Holds bailors property for specific time/service






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






21. Unlawful toutching of another person






22. 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






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






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






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






26. Wrong against an induv.






27. VOID






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






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






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






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






32. Handles suits against federal gov and disputes over taxes






33. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






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






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






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






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






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






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






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






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






42. Donor must intent to make a gift - gift must be delivered - donee must accept gift






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






44. Sudden killing person out of rage






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






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






47. Taking someones property by intentionally decieving that person






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






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






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