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






2. The branch of philosophy concerned with the law and the principles that lead courts to make the decisions they do






3. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)






4. The unlawful taking or harming of another's personal property; interference with another's right to the exclusive possession of his or her personal property.






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






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






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






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. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






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






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






13. 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






14. 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.






15. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






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






17. 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.






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






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






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






21. Supreme Court followed by the U.S. Court of Appeals and The highest state courts. Then followed by federal administrative agencies. U.S. District Courts - Specialized U.S. Courts(bankruptcy courts - court of Federal claims - court of international tr






22. Judges must abide by precedents in thier jurisdictions.






23. 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.






24. To confirm priestly authority upon






25. Contracts - Sales - Negotiable instruments - creditos rights - intellectual property - e-commerce - product liability - torts - agency - business organizations - professional liability - courts and court procedures.






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






27. 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






28. 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






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






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






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






32. Assumption of risk - Superseding cause - and contributory and comparative negligence.






33. In a jury trial - a motion for the judge to take the decision out of the hands of the jury and to direct a verdict for the party who filed the motion on the ground that the other party has not produced sufficient evidence to support her or his claim.






34. Specific length of time an individual can sue for injury resulting from negligence






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






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






37. Law that involves the interpretation and application of the U.S. Constitution and state constitutions






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






39. Automotic appeal based on procedure/law. appeal cannot be made on a error of fact. Car accident example. procedure - wrong court date. law - issue of law is wrong. U.S. Supreme Court appeal is still possible with permission(write of certerori)






40. State statute that permits a state to obtain personal jurisdiction over nonresident defendants






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






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






43. Jurisdiction based on claims against property






44. 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.






45. 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.






46. (law) a pleading made by a defendant in response to the plaintiff's replication






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






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






49. A sum of money paid in compensation for loss or injury






50. Protects you from unreasonable search and seizure of your home and property