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. Gives buyer most protection






2. Laws based on England and custom






3. Laws based on England and custom






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






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






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






7. 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






8. Handle estates of the deceased






9. Make sell use invention for 17 years






10. Removal or restraint of a person against their will






11. VOID






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






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






14. The fee paid to a lender when borowing money






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






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






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






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






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. Papers fied in courts by the plaintif and the defendant at the beginningof a suit






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






22. The activity of keeping something secret






23. VOID






24. Gives buyer most protection






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






26. Interfearane with anothers enjoyment of life or property






27. Owner of property






28. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






29. Unlawful taking and carrying away personal property






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






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






32. Unauthorized taking or borrowing of personal property






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






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






35. Continues for 10 years or may be renewed






36. 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






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






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






39. Unlawful toutching of another person






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






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






42. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






43. Can be touched (goods)






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






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






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






47. Handwritten over printed






48. Faslse making or changing of writing intent to defraud






49. Taking under $300






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