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. Life of author plus 50 years






2. Thing that poses a risk to chldren who may be attracted to it






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






4. Killing with aforethought






5. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






6. Exchange of benefits and detriments by parties to an agreement






7. Seriously intended - defineete and certain - communicated to the offeree






8. Taking someones property by intentionally decieving that person






9. Unlawful toutching of another person






10. Faslse making or changing of writing intent to defraud






11. Down payment intrest rate stays the same throughout life of a morgage






12. Person who has not reached the age off leagal adult hood (age of majority)






13. So one sided that it unfairly oppresses one party and unreasonably favors the other






14. Without moral standards or principles






15. Handles cases involving large amounts of money






16. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else






17. Stated in words and may be oral or written






18. Written accusation charging suspect with crime






19. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






20. A tenant has the right to quiet enjoyment






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






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






23. Actions involving more than 50000 between citizens of different states






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






25. A killing htat takes place during a felony is now a murder






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






27. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






28. Traditional usually 30 yr period






29. Stops one party from lying to anotherabout a promise






30. Unlawful toutching of another person






31. A person who commits a tort






32. Involves values that govern a societys attitude toward right and wrong






33. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






34. Exchange of benefits and detriments by parties to an agreement






35. Make sell use invention for 17 years






36. An amendment or addition to a will






37. Taking under $300






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






39. A person who commits a tort






40. Can be touched (goods)






41. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






42. Minor who has done something that would not be a crime if it were done by an adult






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






44. Criminal act & required state of mind






45. Minor who has done something that would not be a crime if it were done by an adult






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






47. Tenant wrongfully stays on rental property after the tenancy ended






48. Continues forever






49. Man who makes a will






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