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






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






3. Set of books containing published court decisions






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






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






6. Claims






7. 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






8. 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






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






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






11. 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.






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






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






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






15. 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.






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






17. 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.






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






19. A major provider of arbitration services






20. A reference to or a quotation from an authority






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






22. 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.






23. The body of laws created by legislative statutes






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






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






26. The power to speak the law.






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






28. 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






29. 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.






30. 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






31. 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






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






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






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






35. A school of legal thought that views the law as a tool for promoting justice in society.






36. Private proceeding in which each party to a dispute argues its position before the other side - and vice versa. A neutral third party may be present and act as an adviser if the parties fail to reach an agreement






37. 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






38. The publication of false information about another's product - alleging that it is not what its seller claims.






39. 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.






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






41. 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






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






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






44. Settlement of civil disputes between parties using neutral mediators or arbitrators without going to court






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






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






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






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






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






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