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






2. Unauthorized taking or borrowing of personal property






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






4. The fee paid to a lender when borowing money






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






6. Interfeerence with a persons right to be left alonne






7. Tenant






8. False statement made orally to a 3rd party






9. Criminal act & required state of mind






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






11. Tenancy that automatically continues for a successive amount of time






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






13. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






14. 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






15. Wrong against an induv.






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






17. Cant be touched - copy right






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






19. Sudden killing person out of rage






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






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






22. A person who dies without a will






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






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






25. Doesnt constitute consideration everyone must follow the law






26. Handles cases involving large amounts of money






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






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






29. A promise made by the purchaser or lessee of land that the use of the premises will conform to conditions specified by the landlord.






30. Gives buyer most protection






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






32. Original work in a tangible medium of expression






33. Continues forever






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






35. Tom ake consumers aware of borrowing money the federal gov passed this






36. 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






37. Requires that the landlord make those repairds necessary to keep the premisies fit






38. Written accusation charging suspect with crime






39. Revocation - rejection - counter offer - experation of time






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






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






42. Taking under $300






43. Holds bailors property for specific time/service






44. Pledges and subscriptions to charities






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






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






47. Property found in public place






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






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






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