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






2. Pledges and subscriptions to charities






3. The fee paid to a lender when borowing money






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






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






6. Court in which wills are proved






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






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






9. Pledges and subscriptions to charities






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






11. Right to use water from waterway on property






12. Tenant wrongfully stays on rental property after the tenancy ended






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






14. Unlawful toutching of another person






15. VOID






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






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






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






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






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






21. Only entitled to reward if you know about it






22. Continues for 10 years or may be renewed






23. Without moral standards or principles






24. Handles cases involving large amounts of money






25. Gives buyer most protection






26. Without moral standards or principles






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






28. Taking someones property by intentionally decieving that person






29. Sudden killing person out of rage






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






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






32. A tenant has the right to quiet enjoyment






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






34. Laws based on England and custom






35. Removal or restraint of a person against their will






36. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






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






38. Continues forever






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






40. Landlord






41. Seller






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






43. The body of rules and regulations and orders and decisions created by administrative agencies of government






44. Life of author plus 50 years






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






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






47. Criminal act & required state of mind






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






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






50. Buyer