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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. Law concerned with private wrongs against individuals






2. Excessive bail shall not be required - nor excessive fines imposed - nor cruel and unusual punishments inflicted.






3. The publication of false information about another's product - alleging that it is not what its seller claims.






4. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati






5. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






6. Adj. from the Latin 'against or about a thing -' referring to a lawsuit or other legal action directed toward property - rather than toward a particular person. Thus - if title to property is the issue - the action is 'in rem.' The term is important






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






8. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






9. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






10. A major provider of arbitration services






11. A reasoning process in which an individual links his or her moral convictions or ethical standards to the particular situation at hand.






12. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights






13. Automotic appeal based on procedure/law. appeal cannot be made on a error of fact. Car accident example. procedure - wrong court date. law - issue of law is wrong. U.S. Supreme Court appeal is still possible with permission(write of certerori)






14. A defendant's answer or plea denying the truth of the charges against him






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






16. Rules governing the admissibility of evidence in trial courts.






17. A wrongful act that the actor had no right to do






18. The location where something takes place - esp. a trial






19. 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






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






21. Liability without fault. (Strict product liability)






22. 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






23. 1066 in Britain - King William implemented this uniform legal system. He sent judges out to make rulings on cases - thus creating precedents. 1225 - the signing of the Magna Carta established the rule of law in England






24. A claim filed in opposition to another claim in a legal action






25. An amendment to the Constitution of the United States that imposes restrictions on the government's prosecution of persons accused of crimes






26. 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






27. The resolution of disputes wit hthe assitance of organizations that offer disputesresolution services via the internet.






28. Wrongs






29. The government may not house soldiers in private homes without consent of the owner






30. Judges must abide by precedents in thier jurisdictions.






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






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






33. Propositions or general statements of equitable rules






34. State statute that permits a state to obtain personal jurisdiction over nonresident defendants






35. A warrant authorizing law enforcement officials to search for objects or people involved in the commission of a crime and to produce them in court






36. The reasoning process used by judges in deciding what law applies to a given dispute and then applying that law to the specific facts or circumstances of the case






37. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






38. 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.






39. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






40. Questioning of a witness during a trial or during the taking of a deposition - by the party opposed to the one who produced the witness.






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






42. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






43. (accident - breach of contract - or other event) > Party consults with Attorney(Initial client interview - signing of retainer agreement) > Informal investigation > Plaintiffs attorney files complaint > Defendant attorney files answer to complaint or






44. (law) a pleading made by a defendant in response to the plaintiff's replication






45. Right to a trial by jury






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






47. A court will award money or other relief to a party injured by a breach of contract






48. Law that involves the interpretation and application of the U.S. Constitution and state constitutions






49. Jury selection process of questioning prospective jurors - to ascertain their qualifications and determine any basis for challenge.






50. The courts that awarded compensation back in English Realm