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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. The idea that the goal of society should be the greatest happiness for the greatest number of its citizens






2. 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.






3. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






4. Claims






5. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement






6. A school of legal thought centered on the assumption that there is no law higher then the laws created by the government. Laws must be obeyed - even if they are unjust - to prevent anarchy.






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






8. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






9. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






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






11. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






12. 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.






13. Negate the claim of negligence(assumption of risk - superceding intervening clause)






14. In litigation - the amount of monetary compensation awarded to a plaintiff in a civil lawsuit as damages. In the context of alternative dispute resolution - the decision rendered by an arbitrator.






15. Propositions or general statements of equitable rules






16. 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.






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






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






19. A question that had to do with the US Constitution - acts of Congress - or treaties; it provides a basis for federal jurisdiction






20. 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.






21. On the premises fr the potential financial benefit of the occupier






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






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






25. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






26. Is strict liability hold a claim if the product or service in question is...






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






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






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






30. 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






31. 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






32. In a jury trial - a motion for the judge to take the decision out of the hands of the jury and to direct a verdict for the party who filed the motion on the ground that the other party has not produced sufficient evidence to support her or his claim.






33. The branch of philosophy concerned with the law and the principles that lead courts to make the decisions they do






34. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)






35. A major provider of arbitration services






36. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






37. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






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






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






40. The courts that awarded compensation back in English Realm






41. Right to a trial by jury






42. 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






43. Protects you from unreasonable search and seizure of your home and property






44. 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.






45. 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.






46. 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






47. Law concerned with public wrongs against society






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






49. Authority shared by both federal and state courts






50. Assumption of risk - Superseding cause - and contributory and comparative negligence.