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






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






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






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






5. Life - Liberty - Property






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






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






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






9. Baron Montesquieu






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






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






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






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






14. A letter that summarizes the negotiating progress






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


16. Factual case






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






18. Consideration; the bargaining that leads to a deal






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






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






21. Sponsor.






22. Cruel and unusual punishment






23. Thurgood Marshall






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






25. Majority






26. A federal statute that applies to the sale of goods (NOT real estate or services)






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






28. Bottom Line answer






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






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






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






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






33. The legal question that is posed in a case






34. Arbitration and Mediation






35. Forseeable harm






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






37. 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






38. Reasoning court gives for the holding






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






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






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






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






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






44. A law passed by a legislative body






45. Fraud using electronic communications of any kind;






46. To the president.






47. Proposed statutes - submitted to Congress or a legislature






48. System of checks and balances within the federal government






49. (1)statement (2)falseness (3)communicated (4)injury






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