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






2. 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






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






4. Use of substances to excessive extent that are illegal or harmful






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






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






7. A person who commits a tort






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






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






10. Criminal act & required state of mind






11. Taking under $300






12. An amendment or addition to a will






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






14. 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






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






16. Unlawful toutching of another person






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






18. Actions involving more than 50000 between citizens of different states






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






20. VOID






21. Made any agreement made on Sunday void.






22. 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






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






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






25. Killing with aforethought






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






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






28. Removal or restraint of a person against their will






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






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






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






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






33. Life of author plus 50 years






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






35. Tenant wrongfully stays on rental property after the tenancy ended






36. An amendment or addition to a will






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






38. Entering a b uliding to commit a crime






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






40. Continues forever






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






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






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






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






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






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






47. Female who makes the will






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






49. Stated in words and may be oral or written






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