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. Handle estates of the deceased






2. VOID






3. Seller






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






5. Highest court - has original and appealate jurisdiction - hears all cases






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






7. Criminal act & required state of mind






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






9. VOID






10. Cant be touched - copy right






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






12. Traditional usually 30 yr period






13. Contributory negligence - comparative - assumption of risk






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






15. Pledges and subscriptions to charities






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






17. Life of author plus 50 years






18. For the greatest nmer of people afffected by an actoin. The more good that results the more ethical the action






19. Have original jurisdiction - the authority to try a case the first time its heard






20. Laws based on England and custom






21. Continues for 10 years or may be renewed






22. Occurs when a person can no lonnger function normally without regularly consuming alcohol






23. Occurs when a person can no lonnger function normally without regularly consuming alcohol






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






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






26. Preclude 'a person from denying or asserting anything to the contrary of that which has - in contemplation of law - been established as the truth - either by the acts of judicial






27. Injuring anothers rep by making false statements






28. Removal or restraint of a person against their will






29. Unlawful and violent taking of personal property






30. Pledges and subscriptions to charities






31. False statements in written or printed form that injures anothers rep






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






33. Fraud






34. An amendment or addition to a will






35. Pay or give anything of value to public officials in order to inlufence their official activity






36. Have original jurisdiction - the authority to try a case the first time its heard






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






38. The activity of keeping something secret






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






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






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






42. Make sell use invention for 17 years






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






44. Owner of property






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






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






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






48. Continues for 10 years or may be renewed






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






50. Fixed intrest rate buy monthly rates