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. Handles cases involving large amounts of money






2. Original work in a tangible medium of expression






3. Accused brought to court - read indictment - asked to plead guilty or not guilty






4. Highest court - has original and appealate jurisdiction - hears all cases






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






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






7. Detention haring - adjudicatory hearing - disposal hearing






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






9. VOID






10. Sudden killing person out of rage






11. Buyer






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






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






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






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






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






17. Without moral standards or principles






18. One which both the bailor and the bailee recieve some benefit






19. Failure to act with the prudence that a reasonable person would exercise under the same circumstances






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






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






22. Life of author plus 50 years






23. Valid void - express or implied - bilateral or unilateral - oral or written






24. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






25. Seller






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






27. Contributory negligence - comparative - assumption of risk






28. Interfeerence with a persons right to be left alonne






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






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






31. An amendment or addition to a will






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






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






34. Taking under $300






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






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






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






38. Wrong against an induv.






39. Cant be touched - copy right






40. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






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






42. Can be touched (goods)






43. A person who dies without a will






44. Buyer






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






46. Fraud






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






48. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






49. Made any agreement made on Sunday void.






50. Gives buyer most protection