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. An agreement when one party to a contract is replaced by another






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






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






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






5. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






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






7. Taking someones property by intentionally decieving that person






8. Faslse making or changing of writing intent to defraud






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






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






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






12. Unlawful taking and carrying away personal property






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






14. 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






15. Stops one party from lying to anotherabout a promise






16. Pledges and subscriptions to charities






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






18. False statement made orally to a 3rd party






19. 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






20. Seller






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






22. Wrong against an induv.






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






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






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






26. Part of the plaintiff that asisted in causing his/hr injuries






27. Continues forever






28. Wrong against an induv.






29. Original work in a tangible medium of expression






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






31. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






32. Without moral standards or principles






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






34. Killing with aforethought






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






36. The activity of keeping something secret






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






38. Handle estates of the deceased






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






40. Sudden killing person out of rage






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






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






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






44. Continues for 10 years or may be renewed






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






46. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






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






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






49. Owner of property






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