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






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






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






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






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






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






7. 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






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






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






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






11. (law) a pleading by the defendant in reply to a plaintiff's surrejoinder






12. Propositions or general statements of equitable rules






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






14. The body of laws created by legislative statutes






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






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






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






18. 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






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






20. 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






21. 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






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






23. 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.






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






25. Party who defends an appeal






26. The clause in the Constitution (Article I - Section 8 - Clause 1) that gives Congress the power to regulate all business activities that cross state lines or affect more than one state or other nations.






27. A question that had to do with the US Constitution - acts of Congress - or treaties; it provides a basis for federal jurisdiction






28. A major provider of arbitration services






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






30. Law concerned with private wrongs against individuals






31. A brief outline of what the defendant and the plaintiff will try to prove.






32. Statements made by the plaintiff and the defendant in a lawsuit that detail the facts - charges - and defenses involved in the litigation. The complaint and answer are part of the pleadings.






33. 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






34. 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.






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






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






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






38. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






39. Right to a trial by jury






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






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






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






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






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






45. 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






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






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






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






49. 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.






50. 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