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Test your basic knowledge |
Business Law Test
Start Test
Study First
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. 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.
Binding authority
Motion for a directed verdict
Exclusive Jurisdiction
Brief
2. 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
Service of process
Respondent
Categorical imperative
Malpractice
3. The body of rules and regulations and orders and decisions created by administrative agencies of government
positive law
Rejoinder
Administrative law
Legal realism
4. A wrongful act that the actor had no right to do
Malpractice
Cost-benefit analysis
Sociological school
Remedies
5. 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
positivist school
Remedies
Mini-trial
importance of common law
6. Excessive bail shall not be required - nor excessive fines imposed - nor cruel and unusual punishments inflicted.
Sixth Amendment
Eighth Amendment
Administrative law
Rule of four
7. Claims
In rem jurisdiction
Early neutral case evaluation
Alleges
Reporters
8. (law) behavior by the plaintiff that contributes to the harm resulting from the defendant's negligence
Contributory negligence
Federal Jurisdiction
Early neutral case evaluation
Ninth Amendment
9. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff
Comparative negligence
Online dispute resolution
Precedent
Respondent Superior
10. 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.
Award
Pleadings
Reporters
Arbitration clause
11. Right to bear arms
Arbitrability
Closing argument
Categorical imperative
Second Amendment
12. The preponderance of evidence which means more likely then not.
Respondent Superior
Burden of proof
Syllogism
Probable cause
13. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.
Stare Decisis and legal Reasoning
Filtering software
Police powers
Eighth Amendment
14. 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
Complaint
uniform laws
Privileges and and immunities clause
Ethical reasoning
15. On the premises fr the potential financial benefit of the occupier
Filtering software
Courts of law
Long arm statue
Business invitees
16. The body of conventional - or written - law of a particular society at a particular point in time.
positive law
Federal form of government
Jurisdiction
Independent regulatory agencies
17. 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
Arbitration clause
Second Amendment
Writ of execution
dram shop acts
18. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)
Legal realism
Stare Decisis and legal Reasoning
Federal Jurisdiction
Hearsay
19. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati
Arbitrability
Fourth Amendment
Areas of Law that may affect business decision making
Search warrant
20. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.
Commerce clause
Binding authority
Federal Rules of Civil Procedure
Strict product liability
21. An ethical principle that holds that you should never take any action that infringes on others; agreed-upon rights
Compensatory damages
Principle of rights
Damages
Courts of equity
22. (civil law) a law established by following earlier judicial decisions
Slander of title
Answer
Case law
Business invitees
23. The party against whom legal action is taken; the party against whom a writ of certiorari is sought.
Remedies
Respondent
Administrative agency
Remedies of Law
24. Drawing a comparison in order to show a similarity in some respect
Affirmative defense
Analogy
Default judgement
Federal question
25. 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
Standing to sue
Strict product liability
Checks and balances
Strict liability
26. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.
Litigation
Assumption of risk
Venue
Independent regulatory agencies
27. Law concerned with public wrongs against society
Corporate social responsibility
Binding authority
Case Precedents and the doctrine of stare decisis
Criminal law
28. Contains the courts reasons for its decision - the rules of law that apply - and the judgement
law
Cross-examination
Opinions
Cyberlaw
29. Three remedies known as land - items of value - or money
Remedies of Law
law
Damages
Rejoinder
30. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.
Common law
Legal realism
Slander of title
Areas of Law that may affect business decision making
31. 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.
Disparagement of property
law
Rule of four
Respondent Superior
32. A rule of evidence whereby the negligence of an alleged wrongdoer can be inferred from the fact that the accident happened
Cases on point
Res ipsa loquitur
Default judgement
Categorical imperative
33. 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.
in personam jurisdiction
Administrative law
Filtering software
Statutory Law
34. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.
Negligence
importance of common law
Motion for a directed verdict
Privileges and and immunities clause
35. A school of legal thought that views the law as a tool for promoting justice in society.
Symbolic speech
Summary jury trials
Areas of Law that may affect business decision making
Sociological school
36. 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
Filtering software
positive law
diversity of citizenship
voir dire
37. A major provider of arbitration services
Relevant evidence
American Arbitration Association
Writ of certiorari
in personam jurisdiction
38. 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
Principle of rights
Motion for judgement on the pleadings
Reporters
law
39. Ethical or unethical behaviors by employees in the context of their jobs
Trade libel
Assumption of risk
Legal realism
Business Ethics
40. The course of action the government takes in response to an issue or problem as deemed by widely held belief.
Commerce clause
Concurrent Jurisdiction
Federal Jurisdiction
Public Policy
41. A body of rulings made by judges that become part of a nation's legal system
Common law
Motion
positive law
Reporters
42. The location where something takes place - esp. a trial
Courts of equity
Case Precedents and the doctrine of stare decisis
Venue
voir dire
43. A reference to or a quotation from an authority
Symbolic speech
Corporate social responsibility
citation
Statues of limitation
44. (law) the initial questioning of a witness by the party that called the witness
Syllogism
Direct examination
Closing argument
Federal form of government
45. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based
Full faith and credit clause
Writ of execution
Complaint
Remedies
46. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement
Motion for judgement as a matter of law
law
Hearsay
Probate courts
47. Wrongs
Legal and Equitable Remedies
Cyberlaw
Torts(Wrongs)
Arbitration clause
48. Economic model that compares the marginal costs and marginal benefits of a decision
Proximate cause
Cost-benefit analysis
State and Federal Court Systems
Closing argument
49. 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
State Jurisdiction
Privileges and and immunities clause
Arbitrability
In rem jurisdiction
50. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.
laches
Opinions
Closing argument
jurisprudence