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. Revocation - rejection - counter offer - experation of time






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






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






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






5. Owner of property






6. Unauthorized taking or borrowing of personal property






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






8. Detention haring - adjudicatory hearing - disposal hearing






9. Fixed intrest rate buy monthly rates






10. 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






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






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






13. The activity of keeping something secret






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






15. Interfeerence with a persons right to be left alonne






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






17. Taking under $300






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






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






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






21. VOID






22. Removal or restraint of a person against their will






23. Interfeerence with a persons right to be left alonne






24. Property right to make use of land beloning to another






25. Criminal act & required state of mind






26. Gives buyer most protection






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






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






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






30. Handles suits against federal gov and disputes over taxes






31. Property found in public place






32. Interfearane with anothers enjoyment of life or property






33. Female who makes the will






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






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






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






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






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






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






40. Exchange of benefits and detriments by parties to an agreement






41. Unjust taking of money or thing of value by a public offical






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






43. Only entitled to reward if you know about it






44. Doesnt constitute consideration everyone must follow the law






45. Seller






46. Pledges and subscriptions to charities






47. Buyer






48. Landlord






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






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