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 killing of another human being with out malice aforethought






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






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






4. Handle estates of the deceased






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






6. Accused brought to court - read indictment - asked to plead guilty or not guilty






7. An amendment or addition to a will






8. Right to use water from waterway on property






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






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






11. 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






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






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






14. VOID






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






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






17. Sudden killing person out of rage






18. Entering a b uliding to commit a crime






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






20. Handles cases involving large amounts of money






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






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






23. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






24. Court in which wills are proved






25. Original work in a tangible medium of expression






26. Seller






27. Without moral standards or principles






28. Interfeerence with a persons right to be left alonne






29. A person who commits a tort






30. Right of a bailee to hold goods until charges are paid






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






32. Removal or restraint of a person against their will






33. The fee paid to a lender when borowing money






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






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






36. Handles cases involving large amounts of money






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






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






39. Man who makes a will






40. Made any agreement made on Sunday void.






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






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






43. Landlord






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






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






46. False statement made orally to a 3rd party






47. 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






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






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






50. Property found in public place