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






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






3. Type of defamation tort; spoken defamation






4. Freedom of speech.






5. Law made by federal agencies; rules and regulations






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






7. Judges are obligated to follow precedent






8. Language added to a court's opinion that is beyond what is needed; extra words offered as guidance






9. Life - Liberty - Property






10. 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






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






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






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






14. Forseeable harm






15. Article I - Section 8


16. 1250


17. Guilty beyond a reasonable doubt






18. To the president.






19. A law passed by a legislative body






20. Capacity; the parties must be adults and mentally competent






21. Termination by simply turning down the offer






22. Legality; the subject matter must be legal






23. No self incrimination / due process (miranda warnings)






24. States who is suing who. Identifies parties.






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






26. Right to an attorney when facing a prison sentence






27. Factual case






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






29. Complaint and summons are served to defendant; answer is provided within 30 days






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






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






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






33. James Madison - 1789






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






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






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






37. Requires a meeting of the minds






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






39. No state can deny citizens due process. (14th amendment) this incorporates states to be ruled under the constitution






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






41. Race - ethincity and fundamental rights; Any government action that intentionally discriminates against racial or ethnic minorities or interferes with a fundamental right is presumed invalid.






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






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






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






46. Twelve.






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






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






49. FCC (Federal Communications Commission)






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