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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. States who is suing who. Identifies parties.






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






3. 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.






4. 1250

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5. Preponderance of the evidence






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






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






8. Arbitration and Mediation






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






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






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






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

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13. Life - Liberty - Property






14. Trial.






15. James Madison - 1789






16. Twelve.






17. Type of business crime; the trespassing taking of personal property with intent to steal it. defendant never had the right to have said property in posession






18. No unreasonable searches or seizures






19. Bottom Line answer






20. Consideration; the bargaining that leads to a deal






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






22. Baron Montesquieu






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






24. There is an established duty of due care






25. System of checks and balances within the federal government






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






27. A party may ask the court to order an examination to find out if physical or mental damage is relevant






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






29. When a law remains untouched on the presidents desk for over 10 days after congress's adjournment






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






31. Forseeable harm






32. Talking trash






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






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






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






36. Written questions that the opposing party must answer in writing under oath






37. Judges are obligated to follow precedent






38. Due process or the right to a hearing






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






40. A law passed by a legislative body






41. Defamation - obscenity - speech that creates danger






42. Forbidding a law to be passed






43. Aricle IV section 2 of the constitution that states that the constitution and the united States are the laws of the land. Federal government trumps state law






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






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






46. 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.






47. Cruel and unusual punishment






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






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






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