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






2. Only entitled to reward if you know about it






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






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






5. Doesnt constitute consideration everyone must follow the law






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






7. VOID






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






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






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






11. 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






12. Pay or give anything of value to public officials in order to inlufence their official activity






13. Tenant






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






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






16. Unauthorized taking or borrowing of personal property






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






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






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






20. The body of rules and regulations and orders and decisions created by administrative agencies of government






21. False statement made orally to a 3rd party






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






23. Property found in public place






24. Entering a b uliding to commit a crime






25. Person who has not reached the age off leagal adult hood (age of majority)






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






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






28. Female who makes the will






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






30. Pay or give anything of value to public officials in order to inlufence their official activity






31. Continues forever






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






33. Pledges and subscriptions to charities






34. Court in which wills are proved






35. Right to use water from waterway on property






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






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






38. Detention haring - adjudicatory hearing - disposal hearing






39. Cant be touched - copy right






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






41. Detention haring - adjudicatory hearing - disposal hearing






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






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






44. 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






45. The activity of keeping something secret






46. A person who commits a tort






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






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






49. An agreement when one party to a contract is replaced by another






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