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. Jurisdiction based on claims against property






2. Is strict liability hold a claim if the product or service in question is...






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






4. (civil law) a law established by following earlier judicial decisions






5. 1066 in Britain - King William implemented this uniform legal system. He sent judges out to make rulings on cases - thus creating precedents. 1225 - the signing of the Magna Carta established the rule of law in England






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






7. 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.






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






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






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






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






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






13. To confirm priestly authority upon






14. 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.






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






16. The course of action the government takes in response to an issue or problem as deemed by widely held belief.






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






18. 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






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






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






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






22. In order to bring a lawsuit before a court a party must have a sufficient 'stake' in a matter to justify seeking relief through the court system






23. 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






24. 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.






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






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






27. Requirement that a case can only be heard by the Supreme Court if four justices vote to hear the case






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






29. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






30. A legal proceeding in a court






31. The process by which the parties in a dispute submit their difference to the judgment of an impartial person or group appointed by mutual consent






32. 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






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






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






35. Torts committed via the internet






36. 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






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






38. 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






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






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






41. The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization






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






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






44. Economic model that compares the marginal costs and marginal benefits of a decision






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






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






47. A condensed written summary or abstract






48. The body of laws created by legislative statutes






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






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