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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. 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






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






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






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






5. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






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






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






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






9. 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.






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






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






12. (law) the right and power to interpret and apply the law






13. The moral principle that behavior should be determined by duty - A concept developed by the philosopher Immanuel Kant as an ethical guideline for behavior. In deciding whether an action is right or wrong a person should evaluate the action in terms o






14. 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.






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






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






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






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






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






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






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






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






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






24. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






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






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






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






28. Right to a trial by jury






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






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






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






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






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






34. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






35. Set of books containing published court decisions






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






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. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff






40. A condensed written summary or abstract






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






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






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






44. The courts that awarded compensation back in English Realm






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






46. Authority shared by both federal and state courts






47. 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






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






49. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






50. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.