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






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






3. Forseeable harm






4. Guilty beyond a reasonable doubt






5. 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






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






7. Baron Montesquieu






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






9. Business tort; defendant improperly breached contract and causes injury to plaintiff






10. Binding; an offeror cannot withdraw






11. Unintentional tort - breach of a duty of care






12. Judges are obligated to follow precedent






13. Sponsor.






14. 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






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






16. 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






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






18. Termination by simply turning down the offer






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






20. The sharing of powers between levels of government






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






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






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






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






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






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






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






28. The party filing the appeal






29. Preponderance of the evidence






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






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






32. A subtype of rejection






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






34. The study of how people ought to act; does not always mean legal.






35. Bottom Line answer






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






37. A violation of a duty imposed by a civil law.






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






39. Twelve.






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






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






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






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






44. Establishes the idea precendent

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45. To the president.






46. Due process or the right to a hearing






47. Fraud using electronic communications of any kind;






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






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






50. Requires a meeting of the minds







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Can you answer 50 questions in 15 minutes?


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