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. Make sell use invention for 17 years






2. A person who dies without a will






3. Landlord






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






5. The body of rules and regulations and orders and decisions created by administrative agencies of government






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






7. Right to use water from waterway on property






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






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






10. Doesnt constitute consideration everyone must follow the law






11. Unauthorized taking or borrowing of personal property






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






14. Tenant wrongfully stays on rental property after the tenancy ended






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






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






17. Written accusation charging suspect with crime






18. Traditional usually 30 yr period






19. Seller






20. Life of author plus 50 years






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






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






23. Stated in words and may be oral or written






24. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






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






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






27. Decide wheather a person on trial is guilty or innocent






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






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






30. 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






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






32. False statement made orally to a 3rd party






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






34. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






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






36. Not doing something you have a legal right to do






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






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






39. Handle estates of the deceased






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






41. Injuring anothers rep by making false statements






42. Buyer






43. Unlawful toutching of another person






44. An offer to do what you have agreed to do also known as tender of preformance






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






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






47. Only entitled to reward if you know about it






48. Entering a b uliding to commit a crime






49. Order from the court to stop certain actions and cease contact






50. Man who makes a will