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






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






3. Landlord






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






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






6. Pledges and subscriptions to charities






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






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






9. Taking someones property by intentionally decieving that person






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






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






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






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






14. Fixed intrest rate buy monthly rates






15. Revocation - rejection - counter offer - experation of time






16. Preclude 'a person from denying or asserting anything to the contrary of that which has - in contemplation of law - been established as the truth - either by the acts of judicial






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






18. Buyer






19. Property found in public place






20. Without moral standards or principles






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






22. Unlawful toutching of another person






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






24. An amendment or addition to a will






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






26. A written instrument by which the borrower pledges real property to the lender






27. Nail place - hair place-license to do a job






28. Have original jurisdiction - the authority to try a case the first time its heard






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






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






31. Owner of property






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






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






34. The activity of keeping something secret






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






36. Handle estates of the deceased






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






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






39. A tenant has the right to quiet enjoyment






40. Written accusation charging suspect with crime






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






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






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






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






45. Criminal act & required state of mind






46. Cant be touched - copy right






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






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






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






50. Stated in words and may be oral or written