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






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






3. Sponsor.






4. The party opposing the appeal






5. Agreement (offer and acceptance)






6. Unintentional tort - breach of a duty of care






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






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






9. Forseeable harm






10. Judges are obligated to follow precedent






11. Type of business crime; taking or using someones property






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






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






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






15. 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






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






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

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






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






20. States who is suing who. Identifies parties.






21. Defamation - obscenity - speech that creates danger






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






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






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






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






26. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






27. Cruel and unusual punishment






28. Written questions that the opposing party must answer in writing under oath






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






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






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






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






33. Preponderance of the evidence






34. A letter that summarizes the negotiating progress






35. A law passed by a legislative body






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






37. To the conference committee






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






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






40. Right to an attorney when facing a prison sentence






41. Capacity; the parties must be adults and mentally competent






42. 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






43. 1250

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






45. Judges who disagree with the majority holding; states their opposing opinion






46. Trial Court






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






48. Forbidding a law to be passed






49. Fraud using electronic communications of any kind;






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