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






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






3. (accident - breach of contract - or other event) > Party consults with Attorney(Initial client interview - signing of retainer agreement) > Informal investigation > Plaintiffs attorney files complaint > Defendant attorney files answer to complaint or






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






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






6. A major provider of arbitration services






7. 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.






8. 1. Federal statute 2. Constitution(U.S.) 3. Diversity of Citizenship($75 -000 or more)






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






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






11. Highest official of a monarch. Granted new an unique remedies.






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






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






14. 1. That the defendant owed a duty of care to the plaintiff. 2. The the defendant breached that duty. 3. That the defendant's breach caused the plaintiff's injury. 4. That the defendants breach caused the plaintiff's injury and that injury was forseea






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






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






17. In a lawsuit - an issue involving the application or interpretation of a law. Only a judge - not a jury - can rule on questions of law.






18. Negate the claim of negligence(assumption of risk - superceding intervening clause)






19. 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






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






21. A federal - state - or local government unit established to perform a specific function. Administrative agencies are created and authorized by legislative bodies to administer and enforce specific laws.






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






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






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






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






26. 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






27. To confirm priestly authority upon






28. Law that involves the interpretation and application of the U.S. Constitution and state constitutions






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






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






31. 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






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






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






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






35. Statements made by the plaintiff and the defendant in a lawsuit that detail the facts - charges - and defenses involved in the litigation. The complaint and answer are part of the pleadings.






36. A computer program that is designed to block access to certain Web sites based on their content. The software blocks the retrieval of a site whose URL or key words are on a list within the program.






37. 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.






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






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






40. An amendment to the Constitution of the United States guaranteeing the right of free expression






41. Judges must abide by precedents in thier jurisdictions.






42. 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






43. 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






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






45. 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.






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






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






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






49. 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






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