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. People who are engaged in extremly dangerous activity may be held liable even if there was no negligence






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






3. Landlord






4. An agreement when one party to a contract is replaced by another






5. Contributory negligence - comparative - assumption of risk






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






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






8. The right of the gov to take private land with or without the consent of the owner for public use






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






10. Entering a b uliding to commit a crime






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






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






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






14. 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






15. Interfeerence with a persons right to be left alonne






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






17. Down payment intrest rate stays the same throughout life of a morgage






18. Involves values that govern a societys attitude toward right and wrong






19. False statement made orally to a 3rd party






20. A person who dies without a will






21. Continues forever






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






23. Man who makes a will






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






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






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






27. Sudden killing person out of rage






28. Owner of property






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






30. 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






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






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






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






34. Injuring anothers rep by making false statements






35. Handles cases involving large amounts of money






36. 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






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






38. Fraud






39. Stops one party from lying to anotherabout a promise






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






41. Right to occupy property for a fixed period of time






42. Gives buyer most protection






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






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






45. Fixed intrest rate buy monthly rates






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






47. Without moral standards or principles






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






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






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