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. 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)






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






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






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






5. Formal chancery courts - grant unique remedies. These remedies include specific performance - injunction and rescission.






6. 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






7. 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






8. Law concerned with public wrongs against society






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






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






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






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






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






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






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






16. Set of books containing published court decisions






17. 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.






18. 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






19. 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.






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






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






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






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






24. 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






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






26. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






27. Claims






28. Torts committed via the internet






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






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






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






32. 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.






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






34. Three remedies known as land - items of value - or money






35. Authority shared by both federal and state courts






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






37. 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






38. To confirm priestly authority upon






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






40. 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.






41. The power to speak the law.






42. 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.






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






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






45. A common law writ issued by a superior court to one of inferior jurisdiction demanding the record of a particular case






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






47. 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.






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






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






50. 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