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. Liability without fault. (Strict product liability)






2. State courts that handle only matters relating to the transfer of a person's assets and obligations after that person's death - including issues relating to custody and guardianship of children






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






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






5. Negate the claim of negligence(assumption of risk - superceding intervening clause)






6. Set of books containing published court decisions






7. Claims






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






9. 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






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






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






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






13. Excessive bail shall not be required - nor excessive fines imposed - nor cruel and unusual punishments inflicted.






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






15. The preponderance of evidence which means more likely then not.






16. 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.






17. Party who defends an appeal






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






19. A system that allows each branch of government to limit the powers of the other branches in order to prevent abuse of power






20. Everyone in the commercial chain will be liable for the defect. (manafacturer - distrubutor - retailer) *end user is not in the commercial chain.






21. Jurisdiction based on claims against property






22. Relieve you of some liability when reasonable care is used






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






24. 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






25. Rules governing the admissibility of evidence in trial courts.






26. A judgment entered in favor of the plaintiff when the defendant defaults (fails to appear in court)






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






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






29. (accident - breach of contract - or other event) > Party consults with Attorney(Initial client interview - signing of retainer agreement) > Informal investigation > Plaintiffs attorney files complaint > Defendant attorney files answer to complaint or






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






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






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






33. Law concerned with private wrongs against individuals






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






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






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






37. The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization






38. A legal proceeding in a court






39. Nonverbal communication - such as burning a flag or wearing an armband. The Supreme Court has accorded some symbolic speech protection under the first amendment.






40. 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






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






42. The government may not house soldiers in private homes without consent of the owner






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






44. 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






45. 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.






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






47. 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.






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






49. 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.






50. 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