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. Handles cases involving large amounts of money






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






3. An act against the public good - punishable by a fine - imprisonment or both






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






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






6. Only entitled to reward if you know about it






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






8. Cant be touched - copy right






9. Court in which wills are proved






10. Only entitled to reward if you know about it






11. 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






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






13. Killing with aforethought






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






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






16. Fraud






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






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






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






20. Continues forever






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






22. Stops one party from lying to anotherabout a promise






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






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






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






26. An amendment or addition to a will






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






28. Pledges and subscriptions to charities






29. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






30. Owner of property






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






32. Unauthorized taking or borrowing of personal property






33. Wrong against an induv.






34. Unjust taking of money or thing of value by a public offical






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






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






37. False statement made orally to a 3rd party






38. Exchange of benefits and detriments by parties to an agreement






39. VOID






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






41. Gives buyer most protection






42. Fixed intrest rate buy monthly rates






43. Buyer






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






45. Holds bailors property for specific time/service






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






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






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






49. Sudden killing person out of rage






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