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






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






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






4. During the option period of a contract






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






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

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






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






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






10. Judges are obligated to follow precedent






11. Legality; the subject matter must be legal






12. Fraud using electronic communications of any kind;






13. Reference code; label for looking the case up






14. 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.






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






16. 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






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






18. Arbitration and Mediation






19. Three.






20. When a law remains untouched on the presidents desk for over 10 days after congress's adjournment






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






22. System of checks and balances within the federal government






23. Defamation - obscenity - speech that creates danger






24. Termination by simply turning down the offer






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






26. Consideration; the bargaining that leads to a deal






27. Injury






28. Nine.






29. Sandra Day Oconnor






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






31. Right to an attorney when facing a prison sentence






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






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






34. Guilty beyond a reasonable doubt






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






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






37. 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.






38. Type of defamation tort; spoken defamation






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






40. Bottom Line answer






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






42. Faking car accidents and injury in order to gain a settlement






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






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






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






46. 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






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






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






49. The party opposing the appeal






50. Majority