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. Handwritten over printed






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






3. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






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






5. Handles cases involving large amounts of money






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






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






8. Detention haring - adjudicatory hearing - disposal hearing






9. Original work in a tangible medium of expression






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






11. An outcome that was planned - although the person involved may not have believed that the intended outcome would be harmful to the other person.






12. False statement made orally to a 3rd party






13. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






14. Transfers a sellers intrest in property but does not warrant that sellers owns any interst






15. Made any agreement made on Sunday void.






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






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






18. Continues forever






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






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






21. Entering a b uliding to commit a crime






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






23. Owner of property






24. Failure to act with the prudence that a reasonable person would exercise under the same circumstances






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






26. Donor must intent to make a gift - gift must be delivered - donee must accept gift






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






28. The fee paid to a lender when borowing money






29. An amendment or addition to a will






30. Cant be touched - copy right






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






32. The right of the gov to take private land with or without the consent of the owner for public use






33. Must be returned to owner if can be found - perosn has right to lost property until the owner is found






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






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






36. The fee paid to a lender when borowing money






37. Traditional usually 30 yr period






38. Injuring anothers rep by making false statements






39. Faslse making or changing of writing intent to defraud






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






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






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






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






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






45. Unauthorized taking or borrowing of personal property






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






47. Fraud






48. Removal or restraint of a person against their will






49. Interfearane with anothers enjoyment of life or property






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