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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. Revocation - rejection - counter offer - experation of time






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






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






4. Sudden killing person out of rage






5. Continues forever






6. The fee paid to a lender when borowing money






7. Can be touched (goods)






8. Make sell use invention for 17 years






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






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






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






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






13. Killing with aforethought






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






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






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






17. Only entitled to reward if you know about it






18. Handwritten over printed






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






20. Man who makes a will






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






22. Contributory negligence - comparative - assumption of risk






23. Fraud






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






25. Sudden killing person out of rage






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






27. Supplements common law. Passed by some governmental body and written in some form.






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






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






30. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






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






32. VOID






33. Handle estates of the deceased






34. Not doing something you have a legal right to do






35. Laws based on England and custom






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






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






38. The activity of keeping something secret






39. Right to use water from waterway on property






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






41. Doesnt constitute consideration everyone must follow the law






42. Court in which wills are proved






43. Without moral standards or principles






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






45. Order from the court to stop certain actions and cease contact






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






47. Traditional usually 30 yr period






48. Handle estates of the deceased






49. False statement made orally to a 3rd party






50. Laws based on England and custom







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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