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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. Consideration; the bargaining that leads to a deal






2. 1250

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






4. 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.






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






6. Business tort; intrusion in to someones private life; being a voyeur






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






8. Section of the fourteenth amendment where courts must provide equal protection to all cases based on scrutiny






9. A subtype of rejection






10. 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






11. Due process or the right to a hearing






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






13. The party opposing the appeal






14. Judges are obligated to follow precedent






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






16. Twelve.






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






18. Majority






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






20. System of checks and balances within the federal government






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






22. Type of defense; when the government induces the defendant to break the law.






23. Establishes the idea precendent

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24. Language added to a court's opinion that is beyond what is needed; extra words offered as guidance






25. A document filed by the losing party requesting the federal court to appeal a case.






26. Bottom Line answer






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






28. Sponsor.






29. The legal question that is posed in a case






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






31. Cruel and unusual punishment






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






33. Binding; an offeror cannot withdraw






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






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






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






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






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






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






40. Trial Court






41. A law passed by a legislative body






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






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






44. Factual case






45. Reasoning court gives for the holding






46. Wrote 'On the Laws and Customs of England'






47. Arbitration and Mediation






48. Sandra Day Oconnor






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






50. Presiding officer (senator)