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






2. States who is suing who. Identifies parties.






3. During the option period of a contract






4. Type of defense; the defendant is incapable of forming mens rea






5. 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






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






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






8. Sandra Day Oconnor






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






10. Guilty beyond a reasonable doubt






11. Type of defamation tort; spoken defamation






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






13. Type of business crime; the fraudulent conversion of property already in the defendants posession.






14. Right to an attorney when facing a prison sentence






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






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






17. Three.






18. Type of intentnional tort; intentionally entering land that belongs to someone else or remaining on land after being asked to leave






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






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






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






22. John Roberts






23. 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






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






25. Section of the fourteenth amendment where courts must provide equal protection to all cases based on scrutiny






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






27. James Madison - 1789






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






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






30. 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






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






32. Someone on the property by right of a public place. highest duty of due care is owed to avoid negligence






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






34. Reasoning court gives for the holding






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






36. A letter that summarizes the negotiating progress






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






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






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






40. Lack of opinion - malice as to public figures - negligence to private individuals






41. Type of defamation tort; written defamation






42. Fraud using electronic communications of any kind;






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






44. 1250

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45. Type of intentional tort (and crime); injuring someone by deliberate deception






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






47. Harm caused by a deliberate action






48. Twelve.






49. Forseeable harm






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