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






2. Continues for 10 years or may be renewed






3. False statement made orally to a 3rd party






4. An offer to do what you have agreed to do also known as tender of preformance






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






6. A person who dies without a will






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






8. Contributory negligence - comparative - assumption of risk






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






10. Original work in a tangible medium of expression






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






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






13. One which both the bailor and the bailee recieve some benefit






14. Traditional usually 30 yr period






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






16. Written accusation charging suspect with crime






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






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






19. Fraud






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






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






22. Court in which wills are proved






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






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






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






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






27. Accused brought to court - read indictment - asked to plead guilty or not guilty






28. Stops one party from lying to anotherabout a promise






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






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






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






32. Laws based on England and custom






33. An amendment or addition to a will






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






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






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






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






38. Made any agreement made on Sunday void.






39. A person who dies without a will






40. Entering a b uliding to commit a crime






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






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






43. Criminal act & required state of mind






44. Stated in words and may be oral or written






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






46. Handle estates of the deceased






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






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






49. Unlawful and violent taking of personal property






50. Continues for 10 years or may be renewed