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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 amendment to the Constitution of the United States that imposes restrictions on the government's prosecution of persons accused of crimes






2. 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






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






4. 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






5. 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.






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






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






8. 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






9. 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.






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






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. 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.






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






14. 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






15. 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.






16. 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






17. 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.






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






19. Ethical or unethical behaviors by employees in the context of their jobs






20. Set of books containing published court decisions






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






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






23. The party who appeals a decision of a lower court






24. 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






25. 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






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






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






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






29. 1066 in Britain - King William implemented this uniform legal system. He sent judges out to make rulings on cases - thus creating precedents. 1225 - the signing of the Magna Carta established the rule of law in England






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






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






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






33. 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.






34. A system that allows each branch of government to limit the powers of the other branches in order to prevent abuse of power






35. A doctrine by which equitable relief is denied to one who has waited TOO long to seek relief






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






37. 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.






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






39. 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)






40. Claims






41. (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)






42. 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.






43. (law) a pleading made by a defendant in response to the plaintiff's replication






44. The enumeration in the Constitution - of certain rights - shall not be construed to deny or disparage others retained by the people.






45. Excessive bail shall not be required - nor excessive fines imposed - nor cruel and unusual punishments inflicted.






46. Law concerned with private wrongs against individuals






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






48. (civil law) a law established by following earlier judicial decisions






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






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