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






2. Sudden killing person out of rage






3. An outcome that was planned - although the person involved may not have believed that the intended outcome would be harmful to the other person.






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






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






6. Traditional usually 30 yr period






7. 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






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






9. Only entitled to reward if you know about it






10. Only entitled to reward if you know about it






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






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






13. Handwritten over printed






14. Criminal act & required state of mind






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






16. Handles suits against federal gov and disputes over taxes






17. Taking of another's property or money by a person to whom it has been entrusted






18. An agreement when one party to a contract is replaced by another






19. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






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






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






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






23. VOID






24. An agreement when one party to a contract is replaced by another






25. Traditional usually 30 yr period






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






27. Interfeerence with a persons right to be left alonne






28. False statement made orally to a 3rd party






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






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






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






32. An outcome that was planned - although the person involved may not have believed that the intended outcome would be harmful to the other person.






33. Gives buyer most protection






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






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






36. Detention haring - adjudicatory hearing - disposal hearing






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






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






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






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






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






42. Unlawful taking and carrying away personal property






43. Stops one party from lying to anotherabout a promise






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






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






46. Fraud






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






48. Unlawful taking and carrying away personal property






49. Female who makes the will






50. Entering a b uliding to commit a crime