Test your basic knowledge |

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






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






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






4. 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.






5. A brief outline of what the defendant and the plaintiff will try to prove.






6. To be on the land of another without right or permission of the owner






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






8. The act of changing location from one place to another






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






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






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






12. A rule of evidence whereby the negligence of an alleged wrongdoer can be inferred from the fact that the accident happened






13. Right to a trial by jury






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






15. The power to speak the law.






16. Motion to dismiss - motion for judgment on the pleadings - motion of summary judgement(amont others - motion to strike - motion to make more definite and certain - motion for judgement on the pleadings - motion to compel discovery - motion for summar






17. 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






18. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.






19. 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.






20. A reference to or a quotation from an authority






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






22. Jurisdiction based upon claims against a person - in contrast to jurisdiction over the person's property






23. A legal proceeding in a court






24. The First Amendment guarantee that citizens may freely engage in the religious activities of their choice






25. Law concerned with public wrongs against society






26. Liability without fault. (Strict product liability)






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






28. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.






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






30. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






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






32. Judges must abide by precedents in thier jurisdictions.






33. The act of delivering a writ or summons upon someone






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






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






36. An example that is used to justify similar occurrences at a later time






37. Torts committed via the internet






38. The course of action the government takes in response to an issue or problem as deemed by widely held belief.






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






40. 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.






41. (law) evidence sufficient to warrant an arrest or search and seizure






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






43. An economically injurious falsehood made about another's product or property; a general term for torts that are more specifically referred to as slander of quality or slander of title.






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






45. In order to bring a lawsuit before a court a party must have a sufficient 'stake' in a matter to justify seeking relief through the court system






46. Wrongs






47. The unlawful taking or harming of another's personal property; interference with another's right to the exclusive possession of his or her personal property.






48. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






49. Authority shared by both federal and state courts






50. Propositions or general statements of equitable rules