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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. Twelve.






2. Injury






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






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






5. Talking trash






6. Three.






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






8. Termination by simply turning down the offer






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






10. An act of a senate member to delay the close of debate or force a decision to be made.






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






12. 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.






13. Judge made law






14. Attorneys ask jurors a set of questions to determine bias






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






16. Life - Liberty - Property






17. During the option period of a contract






18. Using two or more racketeering acts to accomplish any of the following goals: (1) investing or acquiring legitimate businesses with criminal money (2)maintaining or acquiring businesses through criminal activity






19. Nine.






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






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






22. Fraud using electronic communications of any kind;






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






24. Article I - Section 8

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25. Type of defense; the defendant is incapable of forming mens rea






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






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






28. 2/3 vote






29. Procedures for academic dismissal or dismissal from a government job






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






31. Forseeable harm






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






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






34. Type of defamation tort; written defamation






35. Agreement (offer and acceptance)






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






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






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






39. Binding; an offeror cannot withdraw






40. It must be voted on and approved by both houses and then approved by the president. then it is a law






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






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






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






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






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






46. Requires a meeting of the minds






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

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






49. 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.






50. FCC (Federal Communications Commission)