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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 body of conventional - or written - law of a particular society at a particular point in time.






2. The powers not delegated to the United States by the Constitution - nor prohibited by it to the states - are reserved to the states respectively - or to the people.






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






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






5. 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.






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






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






8. Right to bear arms






9. 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.






10. A condensed written summary or abstract






11. A motion made by a party - during trial - claiming the opposing party has insufficient evidence to reasonably support its case






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






13. (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






14. A federal - state - or local government unit established to perform a specific function. Administrative agencies are created and authorized by legislative bodies to administer and enforce specific laws.






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






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






17. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






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






19. 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






20. 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






21. The power to speak the law.






22. 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.






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






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






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






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






27. (law) behavior by the plaintiff that contributes to the harm resulting from the defendant's negligence






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






29. 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






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






31. A major provider of arbitration services






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






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






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






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






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






37. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






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






39. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.






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






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






42. Highest official of a monarch. Granted new an unique remedies.






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






44. 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.






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






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






47. Wrongs






48. Torts committed via the internet






49. 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






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