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. Continues for 10 years or may be renewed






2. Stated in words and may be oral or written






3. Man who makes a will






4. Difference between fair market value and the debt in the property






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






6. Right to use water from waterway on property






7. Made any agreement made on Sunday void.






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






9. Unlawful toutching of another person






10. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






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






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






13. Seller






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






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






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






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






18. Killing with aforethought






19. Injuring anothers rep by making false statements






20. Criminal act & required state of mind






21. Doesnt constitute consideration everyone must follow the law






22. Interfeerence with a persons right to be left alonne






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






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






26. Gives buyer most protection






27. Detention haring - adjudicatory hearing - disposal hearing






28. Original work in a tangible medium of expression






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






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






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






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






33. Wrong against an induv.






34. Owner of property






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






36. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






37. Tenant






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






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






40. Cant be touched - copy right






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






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






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






44. Tenant






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






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






47. Fixed intrest rate buy monthly rates






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






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






50. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'