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. Being issued a driverrs license is a privledge not a right






2. Cant be touched - copy right






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






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






5. Handles cases involving large amounts of money






6. Unlawful toutching of another person






7. Written accusation charging suspect with crime






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






9. Can be touched (goods)






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






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






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






13. The principles of right and wrong that guide an individual in making decisions






14. Tenant






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






16. Removal or restraint of a person against their will






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






18. Tenancy that automatically continues for a successive amount of time






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






20. Handwritten over printed






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






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






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






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






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






26. Man who makes a will






27. Holds bailors property for specific time/service






28. Faslse making or changing of writing intent to defraud






29. Detention haring - adjudicatory hearing - disposal hearing






30. Unauthorized taking or borrowing of personal property






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






32. Made any agreement made on Sunday void.






33. Property right to make use of land beloning to another






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






35. Tom ake consumers aware of borrowing money the federal gov passed this






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






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






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






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






40. Taking under $300






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






42. An amendment or addition to a will






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






44. Unlawful killing of another human being with out malice aforethought






45. Make sell use invention for 17 years






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






47. 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






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






49. Unlawful toutching of another person






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