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






2. 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






3. A school of legal thought centered on the assumption that there is no law higher then the laws created by the government. Laws must be obeyed - even if they are unjust - to prevent anarchy.






4. Judges must abide by precedents in thier jurisdictions.






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






6. A motion asserting that the trial was so fundamentally flawed (because of error - newly discovered evidence - prejudice - or another reason) that a new trial is necessary to prevent a miscarriage of justice.






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






8. 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






9. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights






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






11. Propositions or general statements of equitable rules






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






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






14. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.






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






16. A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weakness of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.






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






18. A legal proceeding in a court






19. 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






20. An order to appear in person at a given place and time






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






22. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






23. Set of books containing published court decisions






24. 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.






25. If the injured party can be made whole by receiving something of economic value - the remedy is a legal remedy [damages] - if a remedy at law is inadequate - a litigant may seek a remedy in equity - which involves notions of fair dealing and justice






26. 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






27. A defendant's answer or plea denying the truth of the charges against him






28. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






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






30. 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






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






32. The First Amendment guarantee that the government will not create and support an official state church






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






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






35. Claims






36. 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.






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






38. (law) the initial questioning of a witness by the party that called the witness






39. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






41. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






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






43. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






44. 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.






45. Someone who petitions a court for redress of a grievance or recovery of a right






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






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






48. A condensed written summary or abstract






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






50. A reference to or a quotation from an authority