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






2. Handles cases involving large amounts of money






3. Substitution of one contract for another often used to settle an honest disagremment of amount






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






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






6. Unlawful killing of another human being with out malice aforethought






7. Holds bailors property for specific time/service






8. Fixed payments during the life of a loan but one large paymnt at the end






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






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






11. Interfearane with anothers enjoyment of life or property






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






13. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






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






15. The activity of keeping something secret






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






17. Unauthorized taking or borrowing of personal property






18. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






19. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






20. Part of the plaintiff that asisted in causing his/hr injuries






21. False rep of fact - rep known to be false - info relied upon - false rep resulted in a loss






22. Stops one party from lying to anotherabout a promise






23. If someone is already under a legal duty to do something promise is not needed






24. An offer to do what you have agreed to do also known as tender of preformance






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






26. Buyer






27. Make sell use invention for 17 years






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






29. Without moral standards or principles






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






31. Consists of threats to a person's business or income that cause him or her to enter a contract without real consent






32. Taking under $300






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






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






35. Made any agreement made on Sunday void.






36. Interfeerence with a persons right to be left alonne






37. An amendment or addition to a will






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






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






40. Agreements to sell a particular product or service at an agreed price






41. Unlawful and violent taking of personal property






42. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






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






44. Stops one party from lying to anotherabout a promise






45. Attempt to commit a battery (pointing a gun) a threat






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






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






48. Removal or restraint of a person against their will






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






50. An amendment or addition to a will