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. Classifies drugs into groups with set penalties for each group






2. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






3. Minor who has done something that would not be a crime if it were done by an adult






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






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






6. Contributory negligence - comparative - assumption of risk






7. Fixed payments during the life of a loan but one large paymnt at the end






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






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






10. Tenant






11. Unlawful and violent taking of personal property






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






13. Stated in words and may be oral or written






14. Cant be touched - copy right






15. Gives buyer most protection






16. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






17. Fixed intrest rate buy monthly rates






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






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






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






21. For the greatest nmer of people afffected by an actoin. The more good that results the more ethical the action






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






23. Selecting a jury - opening statements - intro of evidence - closing arguments - instructions to the jury - verdict - judgement






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






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






26. Must be planned in advance - cruel way - committed while perpetrating another crime - if none apply its 2nd degree






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






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






29. Cant be touched - copy right






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






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






32. Continues forever






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






34. 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






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






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






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






38. Pledges and subscriptions to charities






39. Fixed payments during the life of a loan but one large paymnt at the end






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






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






42. Make sell use invention for 17 years






43. 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






44. Handle estates of the deceased






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






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






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






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






49. Duty of care - breach of duty - prximate cause - actualy harm






50. Contributory negligence - comparative - assumption of risk