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. Only entitled to reward if you know about it






2. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






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






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






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






6. Tenant






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






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






9. Right to use water from waterway on property






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






11. Gives buyer most protection






12. Unlawful taking and carrying away personal property






13. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






14. Handles cases involving large amounts of money






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






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






17. Taking under $300






18. Original work in a tangible medium of expression






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






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






21. Actions involving more than 50000 between citizens of different states






22. Owner of property






23. A killing htat takes place during a felony is now a murder






24. Landlord






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






26. The principles of right and wrong that guide an individual in making decisions






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






28. Tenant






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






30. A person who dies without a will






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






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






33. Donor must intent to make a gift - gift must be delivered - donee must accept gift






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






35. 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






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






37. The fee paid to a lender when borowing money






38. The principles of right and wrong that guide an individual in making decisions






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






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






41. Criminal act & required state of mind






42. Buyer






43. The activity of keeping something secret






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






45. Sudden killing person out of rage






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






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






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






49. Court in which wills are proved






50. Removal or restraint of a person against their will