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. Property right to make use of land beloning to another






2. Made any agreement made on Sunday void.






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






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






5. Occurs when a person can no lonnger function normally without regularly consuming alcohol






6. A person who dies without a will






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






8. Unauthorized taking or borrowing of personal property






9. So one sided that it unfairly oppresses one party and unreasonably favors the other






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






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






12. Down payment intrest rate stays the same throughout life of a morgage






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






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






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






16. Seller






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






18. Right to use water from waterway on property






19. Only entitled to reward if you know about it






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






21. Unauthorized taking or borrowing of personal property






22. Gives buyer most protection






23. Criminal act & required state of mind






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






25. Original work in a tangible medium of expression






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






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






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






29. Make sell use invention for 17 years






30. 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






31. Down payment intrest rate stays the same throughout life of a morgage






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






33. An amendment or addition to a will






34. Injuring anothers rep by making false statements






35. Made any agreement made on Sunday void.






36. Stops one party from lying to anotherabout a promise






37. Taking someones property by intentionally decieving that person






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






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






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






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






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






43. Life of author plus 50 years






44. Unlawful taking and carrying away personal property






45. Original work in a tangible medium of expression






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






47. Handles cases involving large amounts of money






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






49. A killing htat takes place during a felony is now a murder






50. Holds bailors property for specific time/service