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. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






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






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






4. Injuring anothers rep by making false statements






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






6. Holds bailors property for specific time/service






7. Property found in public place






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






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






10. Right to use water from waterway on property






11. Wrong against an induv.






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






13. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






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






15. False statement made orally to a 3rd party






16. Landlord






17. Detention haring - adjudicatory hearing - disposal hearing






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






19. Buyer






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






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






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






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






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






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






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






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






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






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






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






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






32. Entering a b uliding to commit a crime






33. Without moral standards or principles






34. An amendment or addition to a will






35. Interfearane with anothers enjoyment of life or property






36. 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






37. Removal or restraint of a person against their will






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






39. Man who makes a will






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






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






42. Unlawful and violent taking of personal property






43. Unlawful taking and carrying away personal property






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






45. Original work in a tangible medium of expression






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






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






48. Removal or restraint of a person against their will






49. Offenses committed against society and its members - their property - and social order






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