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






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






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






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






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






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






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






8. Entering a b uliding to commit a crime






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






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






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






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






13. Without moral standards or principles






14. Property found in public place






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






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






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






18. A tenant has the right to quiet enjoyment






19. Tenancy that automatically continues for a successive amount of time






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






21. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






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






23. A person who dies without a will






24. Court in which wills are proved






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






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






27. 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






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






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






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






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






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






33. Written accusation charging suspect with crime






34. An amendment or addition to a will






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






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






37. Made any agreement made on Sunday void.






38. Doesnt constitute consideration everyone must follow the law






39. The fee paid to a lender when borowing money






40. Wrong against an induv.






41. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






42. Continues for 10 years or may be renewed






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






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






45. Handwritten over printed






46. Taking under $300






47. Sudden killing person out of rage






48. Female who makes the will






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






50. Unlawful taking and carrying away personal property