Test your basic knowledge |

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






2. The opinion of Judges who agree with the holding - but for different reasons.






3. If the plaintiff is even slightly negligent he/she recovers nothing






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






5. Type of business crime; the trespassing taking of personal property with intent to steal it. defendant never had the right to have said property in posession






6. Wrote 'On the Laws and Customs of England'






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






8. FCC (Federal Communications Commission)






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






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






11. Factual case






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






13. A person who volluntarily enters a situation that has an obvious danger cannot complain is he/she is injured






14. A power granted to congress stating that congress may regulate trade between countries - other states and indian tribes






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






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






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






18. Type of intentional tort (and crime); injuring someone by deliberate deception






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






20. Judges are obligated to follow precedent






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






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






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






24. Harm caused by a deliberate action






25. A violation of a duty imposed by a civil law.






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






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






28. Talking trash






29. Majority






30. 2/3 vote






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






32. Injury






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






34. The sharing of powers between levels of government






35. During the option period of a contract






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






37. Thurgood Marshall






38. Legality; the subject matter must be legal






39. Consideration; the bargaining that leads to a deal






40. Using false statements or bribes to obtain medicare payments from the federal or state government






41. Malicious use of fire or explosives to damage or destroy real estate or property






42. Type of defamation tort; spoken defamation






43. System of checks and balances within the federal government






44. An offered can be terminated anytime before the offer has been accepted.






45. Twelve.






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






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






48. The floor/leadership - where it is debated upon with no time limit.






49. Gender related; such laws must be substantially related to important government objectives. (gov't cant discriminate based on gender through the law making process)






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