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






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






3. Right to occupy property for a fixed period of time






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






5. Difference between fair market value and the debt in the property






6. The body of rules and regulations and orders and decisions created by administrative agencies of government






7. Sudden killing person out of rage






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






9. Written accusation charging suspect with crime






10. Man who makes a will






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






12. Holds bailors property for specific time/service






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






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






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






16. Landlord






17. Doesnt constitute consideration everyone must follow the law






18. Fraud






19. Contributory negligence - comparative - assumption of risk






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






21. Handles cases involving large amounts of money






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






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






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






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






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






27. Owner of property






28. Detention haring - adjudicatory hearing - disposal hearing






29. Court in which wills are proved






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






31. Property found in public place






32. Takes place when a person leaves his/her property in anothers possession






33. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






34. Tenancy that automatically continues for a successive amount of time






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






36. Original work in a tangible medium of expression






37. Difference between fair market value and the debt in the property






38. Holds bailors property for specific time/service






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






40. Right to use water from waterway on property






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






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






43. Unauthorized taking or borrowing of personal property






44. Takes place when a person leaves his/her property in anothers possession






45. Buyer






46. Entering a b uliding to commit a crime






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






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






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






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