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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. 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.






2. Protects you from unreasonable search and seizure of your home and property






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






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






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






6. The branch of philosophy concerned with the law and the principles that lead courts to make the decisions they do






7. 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.






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






9. A major provider of arbitration services






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






11. A form of alternative dispute resolution in which a neutral third party evaluates the strengths and weakness of the disputing parties' positions; the evaluator's opinion forms the basis for negotiating a settlement.






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






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






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






15. Clause in the Constitution (Article IV - Section 1) requiring each state to recognize the civil judgments rendered by the courts of the other states and to accept their public records and acts as valid






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






17. The First Amendment guarantee that the government will not create and support an official state church






18. 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






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






20. 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.






21. 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.






22. 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






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






24. 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






25. Rules governing the admissibility of evidence in trial courts.






26. A condensed written summary or abstract






27. 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






28. Set of books containing published court decisions






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






30. To confirm priestly authority upon






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






32. Law concerned with public wrongs against society






33. Right to a trial by jury






34. Contains the courts reasons for its decision - the rules of law that apply - and the judgement






35. Torts committed via the internet






36. Use deductive reasoning to identify relevant legal rules - applying those rules to to the facts of the case and drawing a conclusion.






37. Authority shared by both federal and state courts






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






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






40. 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






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






42. The location where something takes place - esp. a trial






43. Adj. from the Latin 'against or about a thing -' referring to a lawsuit or other legal action directed toward property - rather than toward a particular person. Thus - if title to property is the issue - the action is 'in rem.' The term is important






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






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






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






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






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






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






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