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






2. 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.






3. 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.






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






5. A court will award money or other relief to a party injured by a breach of contract






6. A legal proceeding in a court






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






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






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






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






11. The power to speak the law.






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






13. 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






14. 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






15. Authority shared by both federal and state courts






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






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






18. Emphasizes the evolutionary process of law by concentrating on the origin and history of the legal system






19. 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






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






21. The reasoning process used by judges in deciding what law applies to a given dispute and then applying that law to the specific facts or circumstances of the case






22. Wrongs






23. A body of rulings made by judges that become part of a nation's legal system






24. 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






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






26. Law concerned with private wrongs against individuals






27. A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society






28. No State can draw unreasonable distinctions between its own residents and those persons who happen to live in other States






29. A school of legal thought that views the law as a tool for promoting justice in society.






30. 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






31. Propositions or general statements of equitable rules






32. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






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. 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.






35. 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.






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






37. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.






38. 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






39. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






41. The body of laws created by legislative statutes






42. Party who defends an appeal






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






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






45. Previously decided cases that are as similar as possible to the one under consideration






46. 1066 in Britain - King William implemented this uniform legal system. He sent judges out to make rulings on cases - thus creating precedents. 1225 - the signing of the Magna Carta established the rule of law in England






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






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






49. 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






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