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






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






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






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






5. The fee paid to a lender when borowing money






6. Made any agreement made on Sunday void.






7. Taking under $300






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






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






10. An amendment or addition to a will






11. Handwritten over printed






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






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






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






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






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






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






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






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






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






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






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






23. Unauthorized taking or borrowing of personal property






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






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






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






27. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






28. Buyer






29. The fee paid to a lender when borowing money






30. Requires that the landlord make those repairds necessary to keep the premisies fit






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






32. A person who commits a tort






33. Buyer






34. Pledges and subscriptions to charities






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






36. Only entitled to reward if you know about it






37. Continues forever






38. Doesnt constitute consideration everyone must follow the law






39. Cant be touched - copy right






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






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






42. A person who commits a tort






43. Right to use water from waterway on property






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






45. Interfearane with anothers enjoyment of life or property






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






47. Entering a b uliding to commit a crime






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






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






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