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






2. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






3. 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






4. Ethical or unethical behaviors by employees in the context of their jobs






5. The courts that awarded compensation back in English Realm






6. 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






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






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






9. A reference to or a quotation from an authority






10. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






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






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






13. 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






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






15. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






16. 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






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






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






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






20. 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.






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






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






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






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






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






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






27. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






28. 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.






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






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






31. 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.






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






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






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






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






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






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






38. The body of laws created by legislative statutes






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






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






41. Right to a trial by jury






42. The power to speak the law.






43. 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.






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






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






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






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






48. Jurisdiction based on claims against property






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






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