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. Exchange of benefits and detriments by parties to an agreement






2. Interfearane with anothers enjoyment of life or property






3. Handles cases involving large amounts of money






4. False statement made orally to a 3rd party






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






6. Entering a b uliding to commit a crime






7. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






8. Life of author plus 50 years






9. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






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






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






12. Being issued a driverrs license is a privledge not a right






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






14. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






15. Fraud






16. Only entitled to reward if you know about it






17. Occurs when a person can no lonnger function normally without regularly consuming alcohol






18. Tenant






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






20. Pledges and subscriptions to charities






21. Injuring anothers rep by making false statements






22. Fixed intrest rate buy monthly rates






23. Handles suits against federal gov and disputes over taxes






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






25. Unlawful toutching of another person






26. Minor who has done something that would not be a crime if it were done by an adult






27. Nail place - hair place-license to do a job






28. Continues for 10 years or may be renewed






29. Make sell use invention for 17 years






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






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






32. Continues forever






33. Faslse making or changing of writing intent to defraud






34. So one sided that it unfairly oppresses one party and unreasonably favors the other






35. Unlawful taking and carrying away personal property






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






37. A person who dies without a will






38. Can be touched (goods)






39. Occurs when one person while breaking a law kills someone






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






41. Stated in words and may be oral or written






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






43. Unauthorized taking or borrowing of personal property






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






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






46. Owner of property






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






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






49. Minor who has done something that would not be a crime if it were done by an adult






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