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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. Party who defends an appeal






2. 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






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






5. Set of books containing published court decisions






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






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






8. 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






9. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






10. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






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






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






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






14. Jurisdiction based on claims against property






15. Law concerned with public wrongs against society






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






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






18. 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






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






20. 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






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






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






23. 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.






24. A basis for federal court jurisdiction over a lawsuit between (1) citizens of different states (2) a foreign country and citizens of a state of of different states - or (3) citizens of a state and citizens or subjects of a foreign country. The amount






25. 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.






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






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






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






29. 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






30. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






31. 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.






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. The act of changing location from one place to another






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






35. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






36. Statements made by the plaintiff and the defendant in a lawsuit that detail the facts - charges - and defenses involved in the litigation. The complaint and answer are part of the pleadings.






37. Propositions or general statements of equitable rules






38. The resolution of disputes wit hthe assitance of organizations that offer disputesresolution services via the internet.






39. A condensed written summary or abstract






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






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






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






43. 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.






44. A sum of money paid in compensation for loss or injury






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






46. 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.






47. The power to speak the law.






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. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






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