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






2. In order to bring a lawsuit before a court a party must have a sufficient 'stake' in a matter to justify seeking relief through the court system






3. An example that is used to justify similar occurrences at a later time






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






5. 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.






6. The body of laws created by legislative statutes






7. Jurisdiction that exists when a case can be heard only in a particular court or type of court.






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






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






10. 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






11. Discussion with a view to reaching agreement; talking about a conflict where both parties give and take to reach a resolution - without attorneys.






12. 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






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






14. 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.






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






16. The power to speak the law.






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






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






19. A nonbinding process in which attorneys for both sides present synopses of their cases to a jury - which renders an advisory opinion on the basis of these presentations






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






21. 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.






22. A warrant authorizing law enforcement officials to search for objects or people involved in the commission of a crime and to produce them in court






23. 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.






24. 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






25. 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.






26. Part of the 14th Amendment which guarentees that no state deny basic rights to its people






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






28. 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






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






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






31. Violation of a law - duty - or other form of obligation - either by engaging in an action or failing to act






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






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






34. Any source of law that a court must follow when deciding a case. This includes constitutions - statues - and regulations - that govern the issue being decided - as well as previous court decisions in the same jurisdiction.






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






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






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






38. 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.






39. Jurisdiction based on claims against property






40. Need a set of laws so that commerce is possible; can't have different laws in every state for business. Uniform Commercial Code. Uniform Partnernship Act. Most states adopt them but not in the exact same form






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






42. Relieve you of some liability when reasonable care is used






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






44. The rules governing the manner in which civil cases are brough in and progress through the federal courts






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






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






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






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






49. Based on the idea that law is just one of many institutions in society and that it is shaped by social forces and needs






50. Authority shared by both federal and state courts






Can you answer 50 questions in 15 minutes?



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