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






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






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






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






5. A person who dies without a will






6. Landlord






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






8. Handle estates of the deceased






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






10. 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






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






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






13. Stated in words and may be oral or written






14. Owner of property






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






16. Written accusation charging suspect with crime






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






18. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






19. Buyer






20. Revocation - rejection - counter offer - experation of time






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






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






23. Unauthorized taking or borrowing of personal property






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






25. Traditional usually 30 yr period






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






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






28. VOID






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






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






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






32. Life of author plus 50 years






33. Unlawful taking and carrying away personal property






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






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






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






37. Continues for 10 years or may be renewed






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






39. Cant be touched - copy right






40. Wrong against an induv.






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






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






43. Minors have the right to disaffirm contracts if they choose *cant affirm some parts of a contract that are favorable and dissafirm the unfavorable parts






44. A tenant has the right to quiet enjoyment






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






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






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






48. Without moral standards or principles






49. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






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