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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. Unintentional tort - breach of a duty of care






2. A letter that summarizes the negotiating progress






3. Binding; an offeror cannot withdraw






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






5. Presiding officer (senator)






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

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7. A contract put in writing laying out all of the terms






8. Section of the fourteenth amendment where courts must provide equal protection to all cases based on scrutiny






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






10. Business tort; using someones likeness or voice without their permission.






11. Termination when an offer specifies a time limit for acceptance and the period is binding.






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






13. The obligation to decide current cases based on previous rulings.






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






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






16. Injuries caused by neglect and oversight rather than deliberate conduct.






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






18. Cruel and unusual punishment






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






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






21. 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






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






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






24. A person who is on your property with your permission; you owe them a higher duty of due care to warn of known dangers






25. Guilty beyond a reasonable doubt






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






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






28. States who is suing who. Identifies parties.






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






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






31. Freedom of speech.






32. During the option period of a contract






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






34. Termination when the offeror dies or the physical contract is destroyed






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






36. The party filing the appeal






37. The documents that begin a lawsuit: consists of the complaint - answer and sometimes a reply






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






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






40. Trial.






41. 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






42. Sandra Day Oconnor






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






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






45. FCC (Federal Communications Commission)






46. 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.






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






48. Preponderance of the evidence






49. Harm caused by a deliberate action






50. Due process or the right to a hearing