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






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






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






4. 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






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






6. Right to bear arms






7. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






8. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement






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






10. (law) a pleading made by a defendant in response to the plaintiff's replication






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






12. 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.






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






14. 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






15. Jurisdiction based on claims against property






16. An example that is used to justify similar occurrences at a later time






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






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






19. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






20. Automotic appeal based on procedure/law. appeal cannot be made on a error of fact. Car accident example. procedure - wrong court date. law - issue of law is wrong. U.S. Supreme Court appeal is still possible with permission(write of certerori)






21. Logical formula consisting of a major premise - a minor premise and a conclusion; deceptive or specious argument






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






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






24. The courts that awarded compensation back in English Realm






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






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






27. A reference to or a quotation from an authority






28. Right to a trial by jury






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






30. 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






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






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






33. Law concerned with private wrongs against individuals






34. 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.






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






37. 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






38. 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






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






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






41. A legal proceeding in a court






42. An economically injurious falsehood made about another's product or property; a general term for torts that are more specifically referred to as slander of quality or slander of title.






43. State courts that handle only matters relating to the transfer of a person's assets and obligations after that person's death - including issues relating to custody and guardianship of children






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






45. A condensed written summary or abstract






46. 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






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






48. Motion to dismiss - motion for judgment on the pleadings - motion of summary judgement(amont others - motion to strike - motion to make more definite and certain - motion for judgement on the pleadings - motion to compel discovery - motion for summar






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






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