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. Stops one party from lying to anotherabout a promise






2. False statements in written or printed form that injures anothers rep






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






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






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






6. Part of the plaintiff that asisted in causing his/hr injuries






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






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






9. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






10. Life of author plus 50 years






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






12. A written instrument by which the borrower pledges real property to the lender






13. Continues for 10 years or may be renewed






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






15. Right to use water from waterway on property






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






17. Wrong against an induv.






18. Entering a b uliding to commit a crime






19. Fraud






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






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






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






23. Holds bailors property for specific time/service






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






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






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






27. Entering a b uliding to commit a crime






28. An amendment or addition to a will






29. False statement made orally to a 3rd party






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






31. Female who makes the will






32. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






33. A person who commits a tort






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






35. The activity of keeping something secret






36. False statement made orally to a 3rd party






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






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






39. Unlawful killing of another human being with out malice aforethought






40. Court in which wills are proved






41. Pledges and subscriptions to charities






42. Laws based on England and custom






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






44. Cant be touched - copy right






45. Unlawful taking and carrying away personal property






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






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






48. Only entitled to reward if you know about it






49. Pledges and subscriptions to charities






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