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. Holds bailors property for specific time/service






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






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






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






6. Court in which wills are proved






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






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






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






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






11. Something that produces result - without it the result wouldnt of occured






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






13. Interfearane with anothers enjoyment of life or property






14. 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






15. Unlawful killing of another human being with out malice aforethought






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






17. Traditional usually 30 yr period






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






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






20. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






21. Holds bailors property for specific time/service






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






23. Sudden killing person out of rage






24. Removal or restraint of a person against their will






25. Interfeerence with a persons right to be left alonne






26. Removal or restraint of a person against their will






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






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






29. Make sell use invention for 17 years






30. Duty of care - breach of duty - prximate cause - actualy harm






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






32. Only entitled to reward if you know about it






33. Tenancy that automatically continues for a successive amount of time






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






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






36. Seller






37. Handles suits against federal gov and disputes over taxes






38. The activity of keeping something secret






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






40. Seller






41. Faslse making or changing of writing intent to defraud






42. Continues for 10 years or may be renewed






43. Buyer






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






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






46. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






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






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






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






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