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






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






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






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






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






6. Landlord






7. A tenant has the right to quiet enjoyment






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






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






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






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






12. A person who commits a tort






13. Contributory negligence - comparative - assumption of risk






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






15. Doesnt constitute consideration everyone must follow the law






16. Doesnt constitute consideration everyone must follow the law






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






18. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






19. Detention haring - adjudicatory hearing - disposal hearing






20. Interfeerence with a persons right to be left alonne






21. 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






22. Handles cases involving large amounts of money






23. False statements in written or printed form that injures anothers rep






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






25. An amendment or addition to a will






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






27. Pledges and subscriptions to charities






28. False statements in written or printed form that injures anothers rep






29. Criminal act & required state of mind






30. Highest court - has original and appealate jurisdiction - hears all cases






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






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






33. Man who makes a will






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






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






36. The right of the gov to take private land with or without the consent of the owner for public use






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






38. Fixed intrest rate buy monthly rates






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






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






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






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






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






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






45. Pledges and subscriptions to charities






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






47. Occurs when you transfer part of the term of a lease - but not the remainder of it - to someone else






48. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






49. An amendment or addition to a will






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