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. Gives buyer most protection






2. 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






3. Fixed intrest rate buy monthly rates






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






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






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






7. VOID






8. Can be touched (goods)






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






10. A tenant has the right to quiet enjoyment






11. Laws based on England and custom






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






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






14. Wrong against an induv.






15. Without moral standards or principles






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






17. Contributory negligence - comparative - assumption of risk






18. Killing with aforethought






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






20. VOID






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






22. Detention haring - adjudicatory hearing - disposal hearing






23. Unauthorized taking or borrowing of personal property






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






25. 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






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






27. An amendment or addition to a will






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






29. Laws based on England and custom






30. Fixed payments during the life of a loan but one large paymnt at the end






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






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






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






34. Without moral standards or principles






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






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






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






38. Removal or restraint of a person against their will






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






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






41. Attempt to commit a battery (pointing a gun) a threat






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






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






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






45. Pledges and subscriptions to charities






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






47. Female who makes the will






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






49. Not doing something you have a legal right to do






50. Property found in public place