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. A person who dies without a will






2. Taking under $300






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






4. Property right to make use of land beloning to another






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






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






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






8. Something that produces result - without it the result wouldnt of occured






9. Make sell use invention for 17 years






10. Gives buyer most protection






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






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






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






14. A person who commits a tort






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






16. Unlawful and violent taking of personal property






17. Wrong against an induv.






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






19. Prohibits agencies from communicating any records to another agency or person without first obtaining that person's consent






20. An amendment or addition to a will






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






22. Right to use water from waterway on property






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






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






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






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






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






28. Doesnt constitute consideration everyone must follow the law






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






30. The body of rules and regulations and orders and decisions created by administrative agencies of government






31. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






32. Insanity - entrapment - self defense - defense of fam member






33. Holds bailors property for specific time/service






34. Offenses committed against society and its members - their property - and social order






35. Owner of property






36. Make sell use invention for 17 years






37. Killing with aforethought






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






39. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






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






41. Traditional usually 30 yr period






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






43. False rep of fact - rep known to be false - info relied upon - false rep resulted in a loss






44. Cant be touched - copy right






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






46. Wrong against an induv.






47. Handles suits against federal gov and disputes over taxes






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






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






50. Can be touched (goods)