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Business Law Test

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. Private proceeding in which each party to a dispute argues its position before the other side - and vice versa. A neutral third party may be present and act as an adviser if the parties fail to reach an agreement






2. A sum of money paid in compensation for loss or injury






3. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






4. (law) the initial questioning of a witness by the party that called the witness






5. Ethical or unethical behaviors by employees in the context of their jobs






6. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






7. The preponderance of evidence which means more likely then not.






8. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff






9. Courts that handle cases that involve less than $5000






10. Liability without fault. (Strict product liability)






11. The moral principle that behavior should be determined by duty - A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong a person should evaluate the action in terms o






12. 1. employee activity within scope of employment 2. employee is negligent






13. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






14. Specific length of time an individual can sue for injury resulting from negligence






15. A system that allows each branch of government to limit the powers of the other branches in order to prevent abuse of power






16. If the injured party can be made whole by receiving something of economic value - the remedy is a legal remedy [damages] - if a remedy at law is inadequate - a litigant may seek a remedy in equity - which involves notions of fair dealing and justice






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






18. A clause in a contract providing for arbitration of disputes arising under the contract






19. A system of government in which the states form a union and the sovereign power is divided between the central government and the member states






20. (law) the right and power to interpret and apply the law






21. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






22. An order to appear in person at a given place and time






23. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






24. An amendment to the Constitution of the United States guaranteeing the right of free expression






25. An informal term used to refer to all laws governing electronic communications and transactions - particularly those conducted via the Internet.






26. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






27. A motion asserting that the trial was so fundamentally flawed (because of error - newly discovered evidence - prejudice - or another reason) that a new trial is necessary to prevent a miscarriage of justice.






28. Is the cause that immediately and directly results in a specific event. if a person can eleminate any one of the 4 elemants - the lawsuit will not be successful.






29. Three remedies known as land - items of value - or money






30. The First Amendment guarantee that the government will not create and support an official state church






31. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






32. A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weakness of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.






33. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






34. State courts that handle only matters relating to the transfer of a person's assets and obligations after that person's death - including issues relating to custody and guardianship of children






35. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






36. A reference to or a quotation from an authority






37. A controversey that is not hypotheical or academic but real and substansial; a requirement the must be satisfied before a court will hear a case






38. No State can draw unreasonable distinctions between its own residents and those persons who happen to live in other States






39. Jurisdiction based on claims against property






40. The party who appeals a decision of a lower court






41. Economic model that compares the marginal costs and marginal benefits of a decision






42. Settlement of civil disputes between parties using neutral mediators or arbitrators without going to court






43. To confirm priestly authority upon






44. (civil law) a law established by following earlier judicial decisions






45. Jurisdiction that exists when a case can be heard only in a particular court or type of court.






46. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






47. Drawing a comparison in order to show a similarity in some respect






48. Doctrine under which a person cannot recover for injuries received from a dangerous activity to which she voluntarily exposed herself






49. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






50. Someone who petitions a court for redress of a grievance or recovery of a right







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Can you answer 50 questions in 15 minutes?


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