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. Without moral standards or principles






2. Wrong against an induv.






3. 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






4. Right to occupy property for a fixed period of time






5. Contributory negligence - comparative - assumption of risk






6. Tenant






7. Make sell use invention for 17 years






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






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






10. Gives buyer most protection






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






12. 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






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






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






15. VOID






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






17. Life of author plus 50 years






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






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






20. Unlawful toutching of another person






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






22. The fee paid to a lender when borowing money






23. Classifies drugs into groups with set penalties for each group






24. 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






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






26. A person who dies without a will






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






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






29. Only entitled to reward if you know about it






30. An agreement when one party to a contract is replaced by another






31. 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






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






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






34. Handles cases involving large amounts of money






35. Doesnt constitute consideration everyone must follow the law






36. Fixed intrest rate buy monthly rates






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






38. Detention haring - adjudicatory hearing - disposal hearing






39. Handwritten over printed






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






41. Can be touched (goods)






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






43. Owner of property






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






45. Taking someones property by intentionally decieving that person






46. Can be touched (goods)






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






48. Interfearane with anothers enjoyment of life or property






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






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