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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. Three.






2. 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






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






4. James Madison - 1789






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






6. 2/3 vote






7. Agreement (offer and acceptance)






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






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






10. The legal question that is posed in a case






11. 1250

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12. Factual case






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






14. Lack of opinion - malice as to public figures - negligence to private individuals






15. Bottom Line answer






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






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






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






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






20. Type of defamation tort; spoken defamation






21. Judges are obligated to follow precedent






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






23. The floor/leadership - where it is debated upon with no time limit.






24. The facts imply that the defendants negligence caused the act; 'the thing speaks for itself'






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






26. Right to an attorney when facing a prison sentence






27. The process of one party's lawyer to question the other party or a potential witness under oath.






28. A law passed by a legislative body






29. Forseeable harm






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






31. Reasoning court gives for the holding






32. A plaintiff may generally recover even if he/she is partially negligible






33. 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.






34. Due process or the right to a hearing






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






36. There is an established duty of due care






37. 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






38. Termination by simply turning down the offer






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






40. A company becomes liable if they do not perform a background check






41. Talking trash






42. The sharing of powers between levels of government






43. To the conference committee






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






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






46. States who is suing who. Identifies parties.






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






48. Forbidding a law to be passed






49. Unintentional tort - breach of a duty of care






50. Life - Liberty - Property