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






2. Gives buyer most protection






3. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else






4. False statement made orally to a 3rd party






5. Owner of property






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






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






8. Cant be touched - copy right






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






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






11. Unlawful and violent taking of personal property






12. Can be touched (goods)






13. Criminal act & required state of mind






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






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






16. Traditional usually 30 yr period






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






18. Right of a bailee to hold goods until charges are paid






19. Transfers a sellers intrest in property but does not warrant that sellers owns any interst






20. Donor must intent to make a gift - gift must be delivered - donee must accept gift






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






22. The right of the gov to take private land with or without the consent of the owner for public use






23. Entering a b uliding to commit a crime






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






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






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






27. Continues forever






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






29. Gives buyer most protection






30. Seller






31. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






32. Laws based on England and custom






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






34. Tenant






35. Faslse making or changing of writing intent to defraud






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






37. False statement made orally to a 3rd party






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






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






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






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






42. Stops one party from lying to anotherabout a promise






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






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






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






46. 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






47. Holds bailors property for specific time/service






48. Right to use water from waterway on property






49. Make sell use invention for 17 years






50. Interfeerence with a persons right to be left alonne