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






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






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






4. 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






5. The courts that awarded compensation back in English Realm






6. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






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






8. 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.






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






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






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






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






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






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






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






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






17. 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.






18. 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.






19. 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.






20. The First Amendment guarantee that the government will not create and support an official state church






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






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






23. 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






24. 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






25. 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






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






27. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






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






29. Wrongs






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






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






32. Need a set of laws so that commerce is possible; can't have different laws in every state for business. Uniform Commercial Code. Uniform Partnernship Act. Most states adopt them but not in the exact same form






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






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






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






36. The power to speak the law.






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






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






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






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






41. 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.






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






43. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






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






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






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






47. Liability without fault. (Strict product liability)






48. The body of laws created by legislative statutes






49. Authority shared by both federal and state courts






50. Questioning of a witness during a trial or during the taking of a deposition - by the party opposed to the one who produced the witness.