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






2. Entering a b uliding to commit a crime






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






4. Cant be touched - copy right






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






6. VOID






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






8. Criminal act & required state of mind






9. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






10. Holds bailors property for specific time/service






11. Owner of property






12. Taking of another's property or money by a person to whom it has been entrusted






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






14. Unlawful toutching of another person






15. Injuring anothers rep by making false statements






16. Actions involving more than 50000 between citizens of different states






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






18. Wrong against an induv.






19. Cant be touched - copy right






20. Handles cases involving large amounts of money






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






22. Pledges and subscriptions to charities






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






24. Make sell use invention for 17 years






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






26. Actions involving more than 50000 between citizens of different states






27. Continues for 10 years or may be renewed






28. Stated in words and may be oral or written






29. Continues forever






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






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






32. Sudden killing person out of rage






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






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






35. Handwritten over printed






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






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






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






39. Involves values that govern a societys attitude toward right and wrong






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






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






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






43. Buyer






44. Criminal act & required state of mind






45. Made any agreement made on Sunday void.






46. Female who makes the will






47. A person who commits a tort






48. Killing with aforethought






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






50. The fee paid to a lender when borowing money