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. Handle estates of the deceased






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






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






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






5. Doesnt constitute consideration everyone must follow the law






6. Traditional usually 30 yr period






7. Part of the plaintiff that asisted in causing his/hr injuries






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






9. When 2 parties to a contract disagree the court uses the reasonable person test






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






11. False statement made orally to a 3rd party






12. Unlawful and violent taking of personal property






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






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






15. Criminal act & required state of mind






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






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






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






19. Unlawful taking and carrying away personal property






20. Written accusation charging suspect with crime






21. Detention haring - adjudicatory hearing - disposal hearing






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






23. Duty of care - breach of duty - prximate cause - actualy harm






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






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






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






27. Pledges and subscriptions to charities






28. VOID






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






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






31. Property found in public place






32. Right to use water from waterway on property






33. Make sell use invention for 17 years






34. Part of the plaintiff that asisted in causing his/hr injuries






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






36. Continues forever






37. Valid void - express or implied - bilateral or unilateral - oral or written






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






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






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






41. Handles cases involving large amounts of money






42. A person who dies without a will






43. Taking under $300






44. Stated in words and may be oral or written






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






46. So one sided that it unfairly oppresses one party and unreasonably favors the other






47. An amendment or addition to a will






48. Removal or restraint of a person against their will






49. VOID






50. Taking someones property by intentionally decieving that person