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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. Items such as trampolines and swimming pools; defendant is liable if there is no protection






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






3. Consideration; the bargaining that leads to a deal






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






5. The legal question that is posed in a case






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






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






8. Judges are obligated to follow precedent






9. Race - ethincity and fundamental rights; Any government action that intentionally discriminates against racial or ethnic minorities or interferes with a fundamental right is presumed invalid.






10. A subtype of rejection






11. Termination by simply turning down the offer






12. During the option period of a contract






13. Type of defamation tort; written defamation






14. Aka imminent domain; government cant take a persons land unless they prove it will be used for a public purpose and provide proper compensation.






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






16. Twelve.






17. Thurgood Marshall






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






19. Type of defense; the practice of forcing another party to behave in an involuntary manner (whether through action or inaction) by use of threats or rewards






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






21. Fraud using electronic communications of any kind;






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






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






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






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






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






27. Type of intentional tort; an act that makes a person fear imminent battery






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






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






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






31. Action - print and other expression. Broader than the spoken word






32. There is an established duty of due care






33. Proposed statutes - submitted to Congress or a legislature






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






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






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






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






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






39. 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.






40. System of checks and balances within the federal government






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






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






43. Article I - Section 8

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






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






46. Preponderance of the evidence






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






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






49. 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






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







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