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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. 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.






2. 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






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






4. Statutes adopted in many states that impose strict liability upon tavern owners for injuries to third parties caused by their intoxicated patrons






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






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






7. 1. employee activity within scope of employment 2. employee is negligent






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






9. A legal proceeding in a court






10. The courts that awarded compensation back in English Realm






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






12. 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.






13. 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






14. 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






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






16. The publication of a statement that denies or casts doubt on another's legal ownership of any property - causing financial loss to that property's owner.






17. A condensed written summary or abstract






18. Law concerned with public wrongs against society






19. 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.






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






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






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






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






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






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






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






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






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






29. 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.






30. 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






31. The act of delivering a writ or summons upon someone






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






33. Law concerned with private wrongs against individuals






34. Claims






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






36. 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






37. Torts committed via the internet






38. 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.






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






40. 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.






41. A statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)






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






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






44. 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






45. 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






46. 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






47. Propositions or general statements of equitable rules






48. 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






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






50. 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.







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