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. Contributory negligence - comparative - assumption of risk






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






3. Doesnt constitute consideration everyone must follow the law






4. Sudden killing person out of rage






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






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






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






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






9. Fraud






10. Occurs when a person can no lonnger function normally without regularly consuming alcohol






11. Only entitled to reward if you know about it






12. Unauthorized taking or borrowing of personal property






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






14. Valid void - express or implied - bilateral or unilateral - oral or written






15. Made any agreement made on Sunday void.






16. Contributory negligence - comparative - assumption of risk






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






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






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






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






21. Pledges and subscriptions to charities






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






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






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






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






26. The fee paid to a lender when borowing money






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






28. Requires that the landlord make those repairds necessary to keep the premisies fit






29. Right to occupy property for a fixed period of time






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






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






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






33. Property found in public place






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






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






36. The fee paid to a lender when borowing money






37. Handwritten over printed






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






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






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






41. Handwritten over printed






42. A tenant has the right to quiet enjoyment






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






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






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






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






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






48. Interfeerence with a persons right to be left alonne






49. Tenant






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