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






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






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






4. Stops one party from lying to anotherabout a promise






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






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






7. Must be returned to owner if can be found - perosn has right to lost property until the owner is found






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






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






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






11. Failure to act with the prudence that a reasonable person would exercise under the same circumstances






12. Fraud






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






14. Buyer






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






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






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






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






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






20. Taking under $300






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






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






23. An offer to do what you have agreed to do also known as tender of preformance






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






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






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






27. Traditional usually 30 yr period






28. Taking someones property by intentionally decieving that person






29. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






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






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






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






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






34. A person who commits a tort






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






36. Interfeerence with a persons right to be left alonne






37. Unlawful taking and carrying away personal property






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






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






40. Injuring anothers rep by making false statements






41. Stated in words and may be oral or written






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






43. Sudden killing person out of rage






44. Contributory negligence - comparative - assumption of risk






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






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






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






48. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






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






50. Continues forever