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. Seller






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






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






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






5. Female who makes the will






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






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






8. Taking under $300






9. Killing with aforethought






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






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






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






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






14. Unauthorized taking or borrowing of personal property






15. A person who dies without a will






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






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






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






19. Injuring anothers rep by making false statements






20. VOID






21. Tenant






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






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






24. Traditional usually 30 yr period






25. Occurs when one person while breaking a law kills someone






26. Taking under $300






27. Handles cases involving large amounts of money






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






29. Interfearane with anothers enjoyment of life or property






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






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






32. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






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






34. 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






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






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






37. Without moral standards or principles






38. An amendment or addition to a will






39. Wrong against an induv.






40. Wrong against an induv.






41. Interfeerence with a persons right to be left alonne






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






43. Killing with aforethought






44. Can be touched (goods)






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






46. No consideration is recieved (only one person benefits)






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






48. Taking someones property by intentionally decieving that person






49. Offer - acceptance - genuine agreement - considration - capacity - legality






50. Without moral standards or principles