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. The reasoning process used by judges in deciding what law applies to a given dispute and then applying that law to the specific facts or circumstances of the case






2. 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.






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






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






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






6. Rules governing the admissibility of evidence in trial courts.






7. Liability without fault. (Strict product liability)






8. A reference to or a quotation from an authority






9. Courts that handle cases that involve less than $5000






10. A final judgment for one side in a lawsuit without trial when a judge finds based on pleadings - affidavits - and depositions that there is no genuine factual issue in the lawsuit






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






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






13. 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.






14. 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






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






16. Enforcable rules governing relationships among individuals and between individuals and thier society.






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






18. 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






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






21. A question asked to determine what is true or to what extent something is true






22. The courts that awarded compensation back in English Realm






23. 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.






24. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






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






26. The party who appeals a decision of a lower court






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






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






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






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






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






32. 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.






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






34. Judges must abide by precedents in thier jurisdictions.






35. Doctrine under which a person cannot recover for injuries received from a dangerous activity to which she voluntarily exposed herself






36. Wrongs






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






38. A condensed written summary or abstract






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






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






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






43. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights






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






45. A warrant authorizing law enforcement officials to search for objects or people involved in the commission of a crime and to produce them in court






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






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






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






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






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