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






2. A person who dies without a will






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






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






5. Doesnt constitute consideration everyone must follow the law






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






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






8. 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






9. Order from the court to stop certain actions and cease contact






10. Make sell use invention for 17 years






11. Cant be touched - copy right






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






13. A person who commits a tort






14. Can be touched (goods)






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






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






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






18. Tenant






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






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






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






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






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






24. Unlawful taking and carrying away personal property






25. Handle estates of the deceased






26. Insanity - entrapment - self defense - defense of fam member






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






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






29. Faslse making or changing of writing intent to defraud






30. Can be touched (goods)






31. Traditional usually 30 yr period






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






33. Interfearane with anothers enjoyment of life or property






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






35. Criminal act & required state of mind






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






37. Only entitled to reward if you know about it






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






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






40. False statement made orally to a 3rd party






41. Pledges and subscriptions to charities






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






43. Sudden killing person out of rage






44. Being issued a driverrs license is a privledge not a right






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






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






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






48. Entering a b uliding to commit a crime






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






50. Court in which wills are proved