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 rule or body of rules of conduct inherent in human nature and essential to or binding upon human society






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






3. Judges must abide by precedents in thier jurisdictions.






4. Supreme Court followed by the U.S. Court of Appeals and The highest state courts. Then followed by federal administrative agencies. U.S. District Courts - Specialized U.S. Courts(bankruptcy courts - court of Federal claims - court of international tr






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






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






7. 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.






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






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






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






11. Set of books containing published court decisions






12. Law concerned with public wrongs against society






13. A claim filed in opposition to another claim in a legal action






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






15. 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.






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






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






18. The courts that awarded compensation back in English Realm






19. A common law writ issued by a superior court to one of inferior jurisdiction demanding the record of a particular case






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






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






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






23. 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.






24. 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






25. 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.






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






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






28. The power to speak the law.






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






30. 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






31. 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.






32. Claims






33. 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.






34. Occurs when one party to a contract is not given full or accurate information by the other party about the contract subject matter - Intentional misrepresentation of material fact - reasonably relied on by plaintiff resulting in damages






35. A school of legal thought that views the law as a tool for promoting justice in society.






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






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






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






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






40. Liability without fault. (Strict product liability)






41. The body of laws created by legislative statutes






42. Party who defends an appeal






43. The principle pleading by the defendant in response to plaintiff's complaint






44. The rules governing the manner in which civil cases are brough in and progress through the federal courts






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






46. 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.






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






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






49. A wrongful act that the actor had no right to do






50. (law) the initial questioning of a witness by the party that called the witness