Test your basic knowledge |

College Business Law

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. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






2. No consideration is recieved (only one person benefits)






3. Without moral standards or principles






4. Interfearane with anothers enjoyment of life or property






5. Revocation - rejection - counter offer - experation of time






6. Criminal act & required state of mind






7. Court in which wills are proved






8. Owner of property






9. Tom ake consumers aware of borrowing money the federal gov passed this






10. Insanity - entrapment - self defense - defense of fam member






11. Unauthorized taking or borrowing of personal property






12. Offer - acceptance - genuine agreement - considration - capacity - legality






13. Not doing something you have a legal right to do






14. False statement made orally to a 3rd party






15. Holds bailors property for specific time/service






16. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






17. Tenant






18. Offenses committed against society and its members - their property - and social order






19. A person who dies without a will






20. Fixed intrest rate buy monthly rates






21. Accused brought to court - read indictment - asked to plead guilty or not guilty






22. Something that produces result - without it the result wouldnt of occured






23. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






24. Duty of care - breach of duty - prximate cause - actualy harm






25. Requires that the landlord make those repairds necessary to keep the premisies fit






26. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






27. Female who makes the will






28. Requires that the landlord make those repairds necessary to keep the premisies fit






29. Injuring anothers rep by making false statements






30. Buyer






31. A written instrument by which the borrower pledges real property to the lender






32. Occurs when one person while breaking a law kills someone






33. Decide wheather a person on trial is guilty or innocent






34. Continues forever






35. Contributory negligence - comparative - assumption of risk






36. Valid void - express or implied - bilateral or unilateral - oral or written






37. Handles suits against federal gov and disputes over taxes






38. Supplements common law. Passed by some governmental body and written in some form.






39. Property right to make use of land beloning to another






40. A person who commits a tort






41. Removal or restraint of a person against their will






42. Criminal act & required state of mind






43. Only entitled to reward if you know about it






44. Right of a bailee to hold goods until charges are paid






45. Taking of another's property or money by a person to whom it has been entrusted






46. A person who dies without a will






47. People who are engaged in extremly dangerous activity may be held liable even if there was no negligence






48. Laws based on England and custom






49. A promise made by the purchaser or lessee of land that the use of the premises will conform to conditions specified by the landlord.






50. One which both the bailor and the bailee recieve some benefit