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






2. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






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






4. Taking someones property by intentionally decieving that person






5. Agreements to sell a particular product or service at an agreed price






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






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






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






9. Cant be touched - copy right






10. A person who dies without a will






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






12. Killing with aforethought






13. Laws based on England and custom






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






15. Duty of care - breach of duty - prximate cause - actualy harm






16. Occurs when one person while breaking a law kills someone






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






18. 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






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






20. Handle estates of the deceased






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






22. Offenses committed against society and its members - their property - and social order






23. A tenant has the right to quiet enjoyment






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






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






26. Right to use water from waterway on property






27. Unlawful taking and carrying away personal property






28. Substitution of one contract for another often used to settle an honest disagremment of amount






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






30. 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






31. Seller






32. Only entitled to reward if you know about it






33. Criminal act & required state of mind






34. A person who commits a tort






35. Interfeerence with a persons right to be left alonne






36. Landlord






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






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






39. Original work in a tangible medium of expression






40. Agreements to sell a particular product or service at an agreed price






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






42. False statement made orally to a 3rd party






43. Life of author plus 50 years






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. Occurs when one person while breaking a law kills someone






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






47. Faslse making or changing of writing intent to defraud






48. The activity of keeping something secret






49. Continues forever






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