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 act of delivering a writ or summons upon someone






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






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






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






5. 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.






6. On the premises fr the potential financial benefit of the occupier






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






8. 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






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






10. 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






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






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






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






14. Inherent powers of state governments to pass laws to protect the public health - safety - and welfare; the national government has no directly granted police powers but accomplishes the same goals through other delegated powers.






15. 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






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






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






18. 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






19. Jurisdiction based upon claims against a person - in contrast to jurisdiction over the person's property






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






21. 1. Resident 2. (while within boundaries of state) 3. Long arm statue.






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






23. 14th amendment clause that prohibits states from denying equal protection under the law - and has been used to combat discrimination






24. 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.






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






26. 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.






27. 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.






28. 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






29. 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






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






31. The principle pleading by the defendant in response to plaintiff's complaint






32. 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






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






34. An informal term used to refer to all laws governing electronic communications and transactions - particularly those conducted via the Internet.






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






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






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






38. Party who defends an appeal






39. An argument made after the plaintiff and defendant have rested their cases. Closing arguments are made prior to the jury charges.






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






41. An act or omission without which an event would not have occurred.






42. 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.






43. 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






44. 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.






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






46. 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






47. Propositions or general statements of equitable rules






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






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






50. To be on the land of another without right or permission of the owner