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. Landlord






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






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






4. 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






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






6. Part of the plaintiff that asisted in causing his/hr injuries






7. Pledges and subscriptions to charities






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






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






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






11. The fee paid to a lender when borowing money






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






13. Interfeerence with a persons right to be left alonne






14. Property found in public place






15. Man who makes a will






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






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






18. The activity of keeping something secret






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






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






21. Continues for 10 years or may be renewed






22. Thing that poses a risk to chldren who may be attracted to it






23. Taking of another's property or money by a person to whom it has been entrusted






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






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






26. Continues forever






27. Handle estates of the deceased






28. The activity of keeping something secret






29. Life of author plus 50 years






30. Takes place when a person leaves his/her property in anothers possession






31. Unlawful taking and carrying away personal property






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






33. If someone is already under a legal duty to do something promise is not needed






34. Tenant






35. Fixed intrest rate buy monthly rates






36. Contributory negligence - comparative - assumption of risk






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






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






39. Traditional usually 30 yr period






40. Laws based on England and custom






41. Unlawful taking and carrying away personal property






42. Entering a b uliding to commit a crime






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






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






45. Doesnt constitute consideration everyone must follow the law






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






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






48. A person who dies without a will






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






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