SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
College Business Law
Start Test
Study First
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
evaluation contradictory terms
morgage
criminal act
easement
2. Only entitled to reward if you know about it
reward
usury statue
price fixing
torte
3. Fixed payments during the life of a loan but one large paymnt at the end
bailor
us court of appeals
balloon payment
negligence
4. Accused brought to court - read indictment - asked to plead guilty or not guilty
graduated payment morgage
arraginment
Felony murder rule
promise to obey the law
5. 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
codicil
equitable estopple
price fixing
capactiy
6. Taking someones property by intentionally decieving that person
defenses of crimes
tenancy at will
larceny by false pretenses (fraud)
libel
7. Duty of care - breach of duty - prximate cause - actualy harm
Lawsuit must prove 4 things
express contract
price fixing
unconsinable
8. Traditional usually 30 yr period
conventional morgage
grantee
intangible property
federal controlled substance act
9. Made any agreement made on Sunday void.
sunday statutes
fixed rate morgage
mechanics lein
6 contract elements
10. Removal or restraint of a person against their will
public policy
tender
kidapping
satisfactory preformance
11. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner
doctrine of adverse possession
Lawsuit must prove 4 things
complaint
diversity of citizenship
12. False statements in written or printed form that injures anothers rep
mechanics lein
misplaced property
libel
local trial courts
13. An act against the public good - punishable by a fine - imprisonment or both
voluntary man slaughter
special federal courts
licensing statute
crime
14. No consideration is recieved (only one person benefits)
minor who claims to be over the age of majority has committed _______ and can be sued
enforced without consideration
promise to make a gift
promise to obey the law
15. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree
promise to obey the law
accord and satisfaction
1st degree murder
characteristics of a contract
16. If someone is already under a legal duty to do something promise is not needed
contributory negligence
pre existing duty
statuatory law
larceny
17. Order from the court to stop certain actions and cease contact
lessee
protective orderr
mututal benefit bailments
conversion
18. Difference between fair market value and the debt in the property
lessor
equity
libel
special federal courts
19. Requires that the landlord make those repairds necessary to keep the premisies fit
federal privacy act
warranty of habitablity
conversion
agreements to obstruct justice
20. Unjust taking of money or thing of value by a public offical
larceny by false pretenses (fraud)
fixed rate morgage
criminal act
extortion
21. Contributory negligence - comparative - assumption of risk
voidable contracts
defenses to negligence
parol evidence rule
lessor
22. Right to use water from waterway on property
risparian rights
crime
grantor
to bring a lawsuit up for fraud
23. Valid void - express or implied - bilateral or unilateral - oral or written
characteristics of a contract
petty larceny
extortion
mechanics lein
24. Handles cases involving large amounts of money
quitclaim deed
pre existing duty
balloon payment
general trial courts
25. Sudden killing person out of rage
lessor
conventional morgage
lost property
voluntary man slaughter
26. One which both the bailor and the bailee recieve some benefit
grantor
strict liablity
indictment
mututal benefit bailments
27. Only entitled to reward if you know about it
fixed rate morgage
equitable estopple
economic duress
reward
28. When 2 parties to a contract disagree the court uses the reasonable person test
concealment
ethics
satisfactory preformance
licensing statute
29. Fixed intrest rate buy monthly rates
graduated payment morgage
eminent domain
enforced without consideration
attractive nusiance
30. For the greatest nmer of people afffected by an actoin. The more good that results the more ethical the action
doctrine of adverse possession
grantee
greatest good principle
intentional torte
31. Papers fied in courts by the plaintif and the defendant at the beginningof a suit
consideration
embezzlement
us court of appeals
pleadings
32. Highest court - has original and appealate jurisdiction - hears all cases
testatrix
proximate cause
supreme court
administrative law
33. Written accusation charging suspect with crime
indictment
accord and satisfaction
undue influence
economic duress
34. Unlawful toutching of another person
battery
copyright
licensing statute
invasion of privacy
35. Right to occupy property for a fixed period of time
minor who claims to be over the age of majority has committed _______ and can be sued
tenancy for years
equity
consideration
36. Have original jurisdiction - the authority to try a case the first time its heard
invasion of privacy
district courts
intangible property
larceny
37. Offenses committed against society and its members - their property - and social order
criminal act
petit jury
pleadings
supreme court
38. Seller
supreme court
grantor
minor
juvinile cases
39. Tenant
petty larceny
lessee
characteristics of a contract
bailment
40. Occurs when one person while breaking a law kills someone
sunday statutes
defenses to negligence
involuntary manslaughter
pre existing duty
41. Not doing something you have a legal right to do
minor who claims to be over the age of majority has committed _______ and can be sued
forebearance
amoral
general warranty deed
42. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else
death penalty
sublease
risparian rights
libel
43. Faslse making or changing of writing intent to defraud
lost property
mechanics lein
novation
forgery
44. Failure to act with the prudence that a reasonable person would exercise under the same circumstances
special federal courts
promise to obey the law
negligence
termination of an offer
45. Must be returned to owner if can be found - perosn has right to lost property until the owner is found
lost property
statuatory law
proximate cause
morgage
46. Female who makes the will
graduated payment morgage
risparian rights
testatrix
gift
47. Seriously intended - defineete and certain - communicated to the offeree
sublease
risparian rights
to bring a lawsuit up for fraud
3 requirements of an offer
48. Taking of another's property or money by a person to whom it has been entrusted
embezzlement
fixed rate morgage
manslaughter
6 contract elements
49. Interfearane with anothers enjoyment of life or property
undue influence
nuisance
involuntary manslaughter
contributory negligence
50. Owner of property
bailor
tangible property
periodic tenancency
steps in a jury trial