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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. FCC (Federal Communications Commission)






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






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






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






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






6. Arbitration and Mediation






7. Judge made law






8. To the conference committee






9. Bottom Line answer






10. James Madison - 1789






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






12. Type of intent to be proved; means the guilty act






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






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






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






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






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






18. Binding; an offeror cannot withdraw






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






20. 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






21. Legality; the subject matter must be legal






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






23. Preponderance of the evidence






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






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






26. Harm caused by a deliberate action






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






28. Any scheme that attempts to unlawfully obtain money or services illegally through the US postal service






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






30. Majority






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






32. Cruel and unusual punishment






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






34. Reasoning court gives for the holding






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






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






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






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






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






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






41. The party opposing the appeal






42. During the option period of a contract






43. 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






44. The rules committee where it is put on a calendar.






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






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






47. Termination when an offer specifies a time limit for acceptance and the period is binding.






48. Guilty beyond a reasonable doubt






49. Type of defamation tort; spoken defamation






50. Injury