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. 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






2. Owner of property






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






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






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






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






7. Gives buyer most protection






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






9. Taking under $300






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






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






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






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






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






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






16. Seller






17. Handwritten over printed






18. Detention haring - adjudicatory hearing - disposal hearing






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






20. Landlord






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






22. Takes place when a person leaves his/her property in anothers possession






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






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






25. 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






26. Man who makes a will






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






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






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






30. VOID






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






32. Handle estates of the deceased






33. Cant be touched - copy right






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






35. Only entitled to reward if you know about it






36. Continues forever






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






38. 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






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






40. 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






41. Property found in public place






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






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






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






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






46. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






47. Continues for 10 years or may be renewed






48. Attempt to commit a battery (pointing a gun) a threat






49. Stated in words and may be oral or written






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