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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. Relieve you of some liability when reasonable care is used






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






3. A wrongful act that the actor had no right to do






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






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






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






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






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






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






10. To confirm priestly authority upon






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






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






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 body of laws created by legislative statutes






15. 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)






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






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






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






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






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






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






22. A reference to or a quotation from an authority






23. 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.






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






25. 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.






26. A reasoning process in which an individual links his or her moral convictions or ethical standards to the particular situation at hand.






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






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 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.






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






31. Set of books containing published court decisions






32. 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






33. A legal proceeding in a court






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






35. The act of changing location from one place to another






36. Authority shared by both federal and state courts






37. 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






38. Party who defends an appeal






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






40. An act or omission without which an event would not have occurred.






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






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






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






44. Law concerned with public wrongs against society






45. Judges must abide by precedents in thier jurisdictions.






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






47. Liability without fault. (Strict product liability)






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






49. Courts that handle cases that involve less than $5000






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







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