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Business Law Vocab - 2

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. A company becomes liable if they do not perform a background check






2. Termination by simply turning down the offer






3. A federal statute that applies to the sale of goods (NOT real estate or services)






4. Laws involving economic and social regulation; laws that regard economic or social status are presumed valid and corporations and people can be classified






5. Type of defense; when the government induces the defendant to break the law.






6. A party may ask the court to order an examination to find out if physical or mental damage is relevant






7. Law made by federal agencies; rules and regulations






8. There was a breach of due care






9. Aricle IV section 2 of the constitution that states that the constitution and the united States are the laws of the land. Federal government trumps state law






10. First 10 amendments of the constitution; Compromise between federalist and antifederalists; Protects natural rights of liberty and property






11. Twelve.






12. They set time limits for debate - decide how fast the law should be deliberated and when the bill goes to the floor for debate.






13. Type of defamation tort; written defamation






14. The legal doctrine whereby an act is considered negligent because it violates a statute (or regulation)






15. Freedom of speech.






16. Capacity; the parties must be adults and mentally competent






17. For the defendant to be liable - the type of harm must have been reasonably forseeable.






18. Judges who disagree with the majority holding; states their opposing opinion






19. Pretrial motions; motions for a summary judgement; asks the court to resolve a lawsuit before it goes to trial






20. Sponsor.






21. Using two or more racketeering acts to accomplish any of the following goals: (1) investing or acquiring legitimate businesses with criminal money (2)maintaining or acquiring businesses through criminal activity






22. A defendant engaging in an ultrahazardous activity is virtually always liable for any harm that results






23. The introduction of a neutral third party in resolving a dispute; not a binding decision. Voluntary settlement.






24. It must be voted on and approved by both houses and then approved by the president. then it is a law






25. Any scheme that attempts to unlawfully obtain money or services illegally through the US postal service






26. Right to an attorney when facing a prison sentence






27. Type of business crime; taking or using someones property






28. A defendant breaches his duty of due care by failing to behave the way a reasonable person would under similar circumstances






29. Type of defense; the defendant is incapable of forming mens rea






30. A less serious crime often punishable by less than one year in prison






31. FCC (Federal Communications Commission)






32. There is no intention to a contract but the plaintiff gives some benefit to the defendant who knows the plaintiff expects compensation. it would be unjust not to award the damages.






33. The study of how people ought to act; does not always mean legal.






34. To a committee to be studied; and then debated and voted upon; this is where new amendments can be added.






35. Bottom Line answer






36. No state can deny citizens due process. (14th amendment) this incorporates states to be ruled under the constitution






37. When there is no contract - but the defendant makes a promise that will induce reliance. it would be unjust not to enforce the promise






38. The rules committee where it is put on a calendar.






39. Type of tort; taking someone elses property without consent.






40. Business tort; intrusion in to someones private life; being a voyeur






41. Sandra Day Oconnor






42. Article I - Section 8

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43. Defamation - obscenity - speech that creates danger






44. (1)misrepresentation (2)concealment with the intent to take advantage of someone; deception of a person for the purpose of obtaining money or property






45. Type of intentnional tort; intentionally entering land that belongs to someone else or remaining on land after being asked to leave






46. Due process or the right to a hearing






47. Lack of opinion - malice as to public figures - negligence to private individuals






48. If the proceedings of a business occur intrastate but will eventually effect proceedings interstate - this rule states that congress may interfere






49. Judges are obligated to follow precedent






50. Discovery phase: chance for the party to learn about its opponent.