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






2. People who are engaged in extremly dangerous activity may be held liable even if there was no negligence






3. Actions involving more than 50000 between citizens of different states






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






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






6. Decide wheather a person on trial is guilty or innocent






7. Handles suits against federal gov and disputes over taxes






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






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






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






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






12. Owner of property






13. Female who makes the will






14. Original work in a tangible medium of expression






15. Taking under $300






16. Taking someones property by intentionally decieving that person






17. So one sided that it unfairly oppresses one party and unreasonably favors the other






18. Thing that poses a risk to chldren who may be attracted to it






19. VOID






20. Man who makes a will






21. Only entitled to reward if you know about it






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






23. Tenant






24. Tenant






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






26. A person who dies without a will






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






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






29. Unlawful toutching of another person






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






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






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






33. Stated in words and may be oral or written






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






35. Involves values that govern a societys attitude toward right and wrong






36. Made any agreement made on Sunday void.






37. VOID






38. Actions involving more than 50000 between citizens of different states






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






40. Attempt to commit a battery (pointing a gun) a threat






41. 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






42. Cant be touched - copy right






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






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






45. Fixed intrest rate buy monthly rates






46. Can be touched (goods)






47. A person who dies without a will






48. False statement made orally to a 3rd party






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






50. 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