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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 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.






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






3. Federal regulatory agencies that are independent - thus not fully under the power of the president. Ex. Federal Trade Commission - Securities and Exchange Commission.






4. The body of rules and regulations and orders and decisions created by administrative agencies of government






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






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






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






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






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






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






11. The principle pleading by the defendant in response to plaintiff's complaint






12. 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






13. Set of books containing published court decisions






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






15. A condensed written summary or abstract






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






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






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






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






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






21. Right to bear arms






22. 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.






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






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






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






26. Propositions or general statements of equitable rules






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






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






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






30. 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






31. Evidence tending to make a fact at issue in the case more or less probable than it would be without the evidence. Only relevant evidence is admissible in court.






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






33. 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.






34. (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated






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






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






37. The publication of false information about another's product - alleging that it is not what its seller claims.






38. 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






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






40. 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)






41. 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






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






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






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






45. 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






46. 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






47. Right to a trial by jury






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






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






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