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






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






3. The sharing of powers between levels of government






4. Allows the FBI to surveillance citizens with out a search warrant from a judge






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






6. Consists of two members of the House of Representatives and two members of the senate; they try to compromise between two edited versions of a bill to make it equal.






7. Bottom Line answer






8. Three.






9. The introduction of a neutral third party in resolving a dispute; issues a binding decision.






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






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






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






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






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






15. Reasoning court gives for the holding






16. Common law rule; acceptance must be made on the same terms as the offer






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






18. The party filing the appeal






19. A court will imply by conduct that there was an agreement between two parties






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






21. Sandra Day Oconnor






22. Law made by federal agencies; rules and regulations






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






24. A document filed by the losing party requesting the federal court to appeal a case.






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






26. United States is a party; the case is about a federal statute; the suit is between citizens of two different states and the the amt is over 75 -000






27. Each side may ask the other side to produce relevant documents for inspection and copying.






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






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






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






31. Arbitration and Mediation






32. To the conference committee






33. Guilty beyond a reasonable doubt






34. (1)statement (2)falseness (3)communicated (4)injury






35. 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






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






37. There was a breach of due care






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






39. Judges are obligated to follow precedent






40. Termination by simply turning down the offer






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






42. Reference code; label for looking the case up






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






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






45. You have no duty to assist someone in peril unless you created the danger

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






47. Written questions that the opposing party must answer in writing under oath






48. Defamation - obscenity - speech that creates danger






49. Majority






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