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






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






3. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






4. 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






5. A response to a plaintiff's claim that does not deny the plaintiff's facts but attacks the plaintiff's legal right to bring an action. An example is the running of the statute of limitations.






6. Authority shared by both federal and state courts






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






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






9. Jurisdiction based on claims against property






10. 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.






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






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






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






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






15. (law) negligence allocated between the plaintiff and the defendant with a corresponding reduction in damages paid to the plaintiff






16. A federal - state - or local government unit established to perform a specific function. Administrative agencies are created and authorized by legislative bodies to administer and enforce specific laws.






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






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






19. 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.






20. The party who appeals a decision of a lower court






21. 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






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






23. Law concerned with private wrongs against individuals






24. The courts that awarded compensation back in English Realm






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






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






27. 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






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






29. A legal proceeding in a court






30. 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






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






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






33. 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.






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






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






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






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






38. Handle only bankruptcy proceedings - which are governed by federal bankruptcy law






39. Highest official of a monarch. Granted new an unique remedies.






40. 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.






41. Doctrine under which a person cannot recover for injuries received from a dangerous activity to which she voluntarily exposed herself






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






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






44. The act of changing location from one place to another






45. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.






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






47. 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.






48. Propositions or general statements of equitable rules






49. Enforcable rules governing relationships among individuals and between individuals and thier society.






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