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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. System of checks and balances within the federal government






2. Injury






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






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

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






6. No unreasonable searches or seizures






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






8. Arbitration and Mediation






9. The sharing of powers between levels of government






10. Twelve.






11. 2/3 vote






12. Items such as trampolines and swimming pools; defendant is liable if there is no protection






13. Bottom Line answer






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






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






16. There was a breach of due care






17. Preponderance of the evidence






18. Malicious use of fire or explosives to damage or destroy real estate or property






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






20. Consideration; the bargaining that leads to a deal






21. A defendant breaches his duty of due care by failing to behave the way a reasonable person would under similar circumstances






22. 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






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






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






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






26. They set time limits for debate - decide how fast the law should be deliberated and when the bill goes to the floor for debate.






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






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






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






30. The legal question that is posed in a case






31. Consists of two members of the House of Representatives and two members of the senate; they try to compromise between two edited versions of a bill to make it equal.






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






33. Article I - Section 8

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






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






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






37. Trial.






38. A letter that summarizes the negotiating progress






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






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






41. There is an established duty of due care






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






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






44. Three.






45. States who is suing who. Identifies parties.






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






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






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






49. Thurgood Marshall






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