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. Landlord






2. Can be touched (goods)






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






4. The principles of right and wrong that guide an individual in making decisions






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






6. Life of author plus 50 years






7. Unjust taking of money or thing of value by a public offical






8. Right to use water from waterway on property






9. Man who makes a will






10. Unjust taking of money or thing of value by a public offical






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






12. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






13. Life of author plus 50 years






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






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






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






17. A promise made by the purchaser or lessee of land that the use of the premises will conform to conditions specified by the landlord.






18. Without moral standards or principles






19. 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






20. Property found in public place






21. Handles cases involving large amounts of money






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






23. Only entitled to reward if you know about it






24. Court in which wills are proved






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






26. An amendment or addition to a will






27. Intermediate courts have authority to hear appeals and review cases from lower courts - they have appeleate jurisdiction






28. Continues forever






29. Original work in a tangible medium of expression






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






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






32. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






33. Occurs when a person can no lonnger function normally without regularly consuming alcohol






34. Cant be touched - copy right






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






36. Injuring anothers rep by making false statements






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






38. Make sell use invention for 17 years






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






40. A promise made by the purchaser or lessee of land that the use of the premises will conform to conditions specified by the landlord.






41. The activity of keeping something secret






42. If someone is already under a legal duty to do something promise is not needed






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






44. A person who dies without a will






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






46. Unlawful and violent taking of personal property






47. Removal or restraint of a person against their will






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






49. Unlawful taking and carrying away personal property






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