Test your basic knowledge |

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 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






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






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






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






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






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






8. A system of government in which the states form a union and the sovereign power is divided between the central government and the member states






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






10. Liability without fault. (Strict product liability)






11. When the matter is between private parties the constitution laws do not apply. Between individuals and government organizations then constitutional laws apply.






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






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






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






16. Wrongs






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






18. 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






19. A brief outline of what the defendant and the plaintiff will try to prove.






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






21. To confirm priestly authority upon






22. (law) the initial questioning of a witness by the party that called the witness






23. Right to bear arms






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






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. Previously decided cases that are as similar as possible to the one under consideration






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






28. The question of whether an issue lies within the authority and jurisdiction of the arbitrator. A matter may be declared non-arbitrable either because certain steps - timetables and procedures have not been followed prior to submitting it to arbitrati






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






30. 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.






31. (civil law) the first pleading of the plaintiff setting out the facts on which the claim for relief is based






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






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






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






35. The constitutional amendment designed to protect individuals accused of crimes. It includes the right to counsel - the right to confront witnesses - and the right to a speedy and public trial.






36. 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






37. Precedents are determined under stare decisis. Courts of law and courts or equity have been combined.






38. Claims






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






40. 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.






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






42. 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






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






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






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






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






48. 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.






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






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