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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. (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






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






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






4. 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.






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






6. Relieve you of some liability when reasonable care is used






7. 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






8. 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.






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






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






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






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






13. 1. Resident 2. (while within boundaries of state) 3. Long arm statue.






14. 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)






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






16. 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






17. To confirm priestly authority upon






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






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






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






21. A statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)






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






23. Nonverbal communication - such as burning a flag or wearing an armband. The Supreme Court has accorded some symbolic speech protection under the first amendment.






24. 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.






25. 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.






26. Party who defends an appeal






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






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






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






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






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






32. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






33. 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






34. The body of laws created by legislative statutes






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






36. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.






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






38. Judges must abide by precedents in thier jurisdictions.






39. Set of books containing published court decisions






40. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






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






42. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






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






44. Jurisdiction based on claims against property






45. Statements made by the plaintiff and the defendant in a lawsuit that detail the facts - charges - and defenses involved in the litigation. The complaint and answer are part of the pleadings.






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






47. 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






48. 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






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






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