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






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






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






4. Interfearane with anothers enjoyment of life or property






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






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






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






8. Holds bailors property for specific time/service






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






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






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






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






13. Contributory negligence - comparative - assumption of risk






14. Taking someones property by intentionally decieving that person






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






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






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






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






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






20. Handles suits against federal gov and disputes over taxes






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






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






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






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






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






26. Right to use water from waterway on property






27. Killing with aforethought






28. 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






29. An outcome that was planned - although the person involved may not have believed that the intended outcome would be harmful to the other person.






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






31. Made any agreement made on Sunday void.






32. Original work in a tangible medium of expression






33. The fee paid to a lender when borowing money






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






35. 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






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






37. Wrong against an induv.






38. Seller






39. Gives buyer most protection






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






41. A tenant has the right to quiet enjoyment






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






43. Criminal act & required state of mind






44. Gives buyer most protection






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






46. Traditional usually 30 yr period






47. Can be touched (goods)






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






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






50. The fee paid to a lender when borowing money