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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. System of checks and balances within the federal government






2. If a company does not address an insubordinate employee - they become liable






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






4. Article I - Section 8

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5. Judges are obligated to follow precedent






6. Faking car accidents and injury in order to gain a settlement






7. Agreement (offer and acceptance)






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






9. Type of business crime; the fraudulent conversion of property already in the defendants posession.






10. To the president.






11. Judge made law; based on precedent - which leads to stare decisis






12. Sandra Day Oconnor






13. Type of intentional tort; the intentional touching of an individual in a way that is unwarranted or offensive






14. Business tort; defendant improperly breached contract and causes injury to plaintiff






15. States who is suing who. Identifies parties.






16. Type of intent to be proved; means the guilty act






17. The defendant (defamer) knew the statement was false or acted with reckless disregard to the truth






18. Harm caused by a deliberate action






19. Arbitration and Mediation






20. Complaint and summons are served to defendant; answer is provided within 30 days






21. Majority






22. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






23. Twelve.






24. James Madison - 1789






25. The party opposing the appeal






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






27. A plaintiff may generally recover even if he/she is partially negligible






28. Legality; the subject matter must be legal






29. Trial.






30. No self incrimination / due process (miranda warnings)






31. Injury






32. The facts imply that the defendants negligence caused the act; 'the thing speaks for itself'






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






34. Right to an attorney when facing a prison sentence






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






36. Forseeable harm






37. Talking trash






38. 2/3 vote






39. Type of defamation tort; written defamation






40. To the conference committee






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






42. Type of intentional tort; the intentional restraint of another without reasonable cause






43. Language added to a court's opinion that is beyond what is needed; extra words offered as guidance






44. A tithing of 10 men put together to hold each other accountable. Anglo-saxon method of keeping the peace.






45. Preponderance of the evidence






46. Bottom Line answer






47. Punishable by a prison sentence of one year or more






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






49. Type of intent to be proved; means a guilty state of mind






50. An act of a senate member to delay the close of debate or force a decision to be made.