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






2. Gives buyer most protection






3. The principles of right and wrong that guide an individual in making decisions






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






5. An amendment or addition to a will






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






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






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






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






10. Handles suits against federal gov and disputes over taxes






11. 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






12. Taking someones property by intentionally decieving that person






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






14. Interfearane with anothers enjoyment of life or property






15. Contributory negligence - comparative - assumption of risk






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






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






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






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






20. Pledges and subscriptions to charities






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






22. Laws based on England and custom






23. Classifies drugs into groups with set penalties for each group






24. Female who makes the will






25. Fixed intrest rate buy monthly rates






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






27. A person who doesnt really own property but takes possession of it for a specified time period may become legal owner






28. Owner of property






29. Jury decides verdict - precentance hearing to decide punishmet appeal the states highest court






30. Stops one party from lying to anotherabout a promise






31. Buyer






32. Court in which wills are proved






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






34. Being issued a driverrs license is a privledge not a right






35. Stated in words and may be oral or written






36. A tenant has the right to quiet enjoyment






37. False statement made orally to a 3rd party






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






39. Only entitled to reward if you know about it






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






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






42. Continues forever






43. This is when a promise is reasonably relied upon - to the substantial detriment of the relying party.






44. Right to use water from waterway on property






45. Fraud






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






47. Life of author plus 50 years






48. Unlawful and violent taking of personal property






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






50. Supplements common law. Passed by some governmental body and written in some form.