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. Right of a bailee to hold goods until charges are paid






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






3. Right of a bailee to hold goods until charges are paid






4. Seller






5. False rep of fact - rep known to be false - info relied upon - false rep resulted in a loss






6. Sudden killing person out of rage






7. A tenant has the right to quiet enjoyment






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






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






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






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






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






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






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






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






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






17. Made any agreement made on Sunday void.






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






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






20. Unauthorized taking or borrowing of personal property






21. Right to use water from waterway on property






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






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






24. VOID






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






26. Taking under $300






27. Doesnt constitute consideration everyone must follow the law






28. Cant be touched - copy right






29. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






30. The fee paid to a lender when borowing money






31. 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






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






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






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






35. Pledges and subscriptions to charities






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






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






38. Stated in words and may be oral or written






39. Stops one party from lying to anotherabout a promise






40. Without moral standards or principles






41. Gives buyer most protection






42. Unauthorized taking or borrowing of personal property






43. Taking someones property by intentionally decieving that person






44. Can be touched (goods)






45. Unlawful taking and carrying away personal property






46. Wrong against an induv.






47. Pledges and subscriptions to charities






48. Fraud






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






50. Landlord