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






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






3. Unauthorized taking or borrowing of personal property






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






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






6. The fee paid to a lender when borowing money






7. The activity of keeping something secret






8. Without moral standards or principles






9. Property found in public place






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






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






12. Only entitled to reward if you know about it






13. Criminal act & required state of mind






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






15. Handles cases involving large amounts of money






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






17. Gives buyer most protection






18. Wrong against an induv.






19. A person who commits a tort






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






21. Continues forever






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






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






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






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






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






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






28. Right to use water from waterway on property






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






30. Continues forever






31. Traditional usually 30 yr period






32. Unlawful and violent taking of personal property






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






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






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






36. Life of author plus 50 years






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






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






39. Make sell use invention for 17 years






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






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






42. 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






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






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






45. Laws based on England and custom






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






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






48. A person who commits a tort






49. Written accusation charging suspect with crime






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







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