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






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






3. (law) the right and power to interpret and apply the law






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






5. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






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






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






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






10. 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.






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






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






13. 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






14. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






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






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






17. 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.






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






19. The publication of false information about another's product - alleging it is not what its seller claims; also referred to as slander of quality.






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






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






22. 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.






23. Is the cause that immediately and directly results in a specific event. if a person can eleminate any one of the 4 elemants - the lawsuit will not be successful.






24. 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.






25. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






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






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






28. Torts committed via the internet






29. Law concerned with private wrongs against individuals






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






31. 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.






32. Propositions or general statements of equitable rules






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






34. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






35. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






36. Discussion with a view to reaching agreement; talking about a conflict where both parties give and take to reach a resolution - without attorneys.






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






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






39. 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.






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






41. (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






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






43. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






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






45. 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






46. Previously decided cases that are as similar as possible to the one under consideration






47. The courts that awarded compensation back in English Realm






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






49. An act or omission without which an event would not have occurred.






50. Party who defends an appeal