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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. 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.






2. 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.






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






4. 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.






5. The body of laws created by legislative statutes






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






7. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






8. 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






9. The body of conventional - or written - law of a particular society at a particular point in time.






10. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






11. 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






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






13. 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.






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






15. 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






16. The course of action the government takes in response to an issue or problem as deemed by widely held belief.






17. Authority shared by both federal and state courts






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






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






20. Law concerned with private wrongs against individuals






21. A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out






22. 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






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






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






25. 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






26. Specific length of time an individual can sue for injury resulting from negligence






27. 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






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






29. 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






30. 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.






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






32. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






33. Assumption of risk - Superseding cause - and contributory and comparative negligence.






34. To confirm priestly authority upon






35. 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.






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






37. Wrongs






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






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






40. A wrongful act that the actor had no right to do






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






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






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






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






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






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






47. A major provider of arbitration services






48. 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






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






50. Propositions or general statements of equitable rules







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