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. Unauthorized taking or borrowing of personal property






2. Tenant






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






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






5. Injuring anothers rep by making false statements






6. False statement made orally to a 3rd party






7. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






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






9. When 2 parties to a contract disagree the court uses the reasonable person test






10. Traditional usually 30 yr period






11. Accused brought to court - read indictment - asked to plead guilty or not guilty






12. Interfearane with anothers enjoyment of life or property






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






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






15. Fraud






16. Buyer






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






18. Made any agreement made on Sunday void.






19. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






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






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






22. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






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






24. Seller






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






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






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






28. Fixed intrest rate buy monthly rates






29. Faslse making or changing of writing intent to defraud






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






31. Laws based on England and custom






32. Unlawful and violent taking of personal property






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






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






35. Handles suits against federal gov and disputes over taxes






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






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






38. Buyer






39. Make sell use invention for 17 years






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






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






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






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






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






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






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






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






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






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






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