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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. A claim filed in opposition to another claim in a legal action






2. A legal proceeding in a court






3. Right to bear arms






4. 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






5. 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






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






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






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






9. 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






10. A condensed written summary or abstract






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






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






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






14. 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.






15. 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.






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






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






18. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






19. Right to a trial by jury






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






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






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






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






24. 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






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






26. 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






27. A controversey that is not hypotheical or academic but real and substansial; a requirement the must be satisfied before a court will hear a case






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






29. 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.






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






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






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






33. The process by which the parties in a dispute submit their difference to the judgment of an impartial person or group appointed by mutual consent






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






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






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






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






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






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






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






41. A rule of evidence whereby the negligence of an alleged wrongdoer can be inferred from the fact that the accident happened






42. 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.






43. To confirm priestly authority upon






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






45. 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.






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






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






48. Occurs when one party to a contract is not given full or accurate information by the other party about the contract subject matter - Intentional misrepresentation of material fact - reasonably relied on by plaintiff resulting in damages






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






50. Any testimony given in court about a statement made by someone else who was not under oath at the time of the statement







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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