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. The principles of right and wrong that guide an individual in making decisions






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






3. Laws based on England and custom






4. Continues forever






5. VOID






6. Killing with aforethought






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






8. Court in which wills are proved






9. Fixed intrest rate buy monthly rates






10. Nail place - hair place-license to do a job






11. Unlawful and violent taking of personal property






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






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






14. Made any agreement made on Sunday void.






15. Unauthorized taking or borrowing of personal property






16. The fee paid to a lender when borowing money






17. Continues forever






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






19. Contributory negligence - comparative - assumption of risk






20. 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






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






22. Interfeerence with a persons right to be left alonne






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






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






25. Criminal act & required state of mind






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






27. Made any agreement made on Sunday void.






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






29. 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






30. Contributory negligence - comparative - assumption of risk






31. False statement made orally to a 3rd party






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






33. Use of substances to excessive extent that are illegal or harmful






34. Pledges and subscriptions to charities






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






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






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






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






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






40. Injuring anothers rep by making false statements






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






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






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






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






45. Doctrine that gives state gove right to regulate health - saftey - welfare - and morals of the people






46. Wrong against an induv.






47. Classifies drugs into groups with set penalties for each group






48. Tenant






49. Can be touched (goods)






50. Only entitled to reward if you know about it