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. Taking under $300






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






3. Owner of property






4. Landlord






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






6. Contributory negligence - comparative - assumption of risk






7. Make sell use invention for 17 years






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






9. Property found in public place






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






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






12. False statement made orally to a 3rd party






13. Make sell use invention for 17 years






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






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






16. Man who makes a will






17. False statement made orally to a 3rd party






18. Injuring anothers rep by making false statements






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






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






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






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






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






24. 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






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






26. Interfeerence with a persons right to be left alonne






27. Man who makes a will






28. Wrong against an induv.






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






30. An amendment or addition to a will






31. Buyer






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






33. Stated in words and may be oral or written






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






35. Right to use water from waterway on property






36. VOID






37. 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






38. Written accusation charging suspect with crime






39. An agreement when one party to a contract is replaced by another






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






41. Interfearane with anothers enjoyment of life or property






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






43. Entering a b uliding to commit a crime






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






45. Interfearane with anothers enjoyment of life or property






46. When 2 parties to a contract disagree the court uses the reasonable person test






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






48. Traditional usually 30 yr period






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






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