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






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






3. System of checks and balances within the federal government






4. A less serious crime often punishable by less than one year in prison






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






6. Fraud using electronic communications of any kind;






7. Refers to lawsuits; the process of filing claims to courts






8. 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.






9. John Roberts






10. Nine.






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






12. When the bill is debated to the floor of the house.






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






14. 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






15. Forbidding a law to be passed






16. Unintentional tort - breach of a duty of care






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






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






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






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






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






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






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






24. Due process or the right to a hearing






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






26. A subtype of rejection






27. During the option period of a contract






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






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






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






31. Binding; an offeror cannot withdraw






32. Bottom Line answer






33. Proposed statutes - submitted to Congress or a legislature






34. Baron Montesquieu






35. To the president.






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






37. There was a breach of due care






38. 2/3 vote






39. James Madison - 1789






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






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






42. Three.






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






44. Collected taxes and helped keep the peace in tenth century England. Equivalent to a modern day Sheriff.






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






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






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






48. Article I - Section 8

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49. Termination by simply turning down the offer






50. The process of one party's lawyer to question the other party or a potential witness under oath.