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. Seller






2. The fee paid to a lender when borowing money






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






4. Interfearane with anothers enjoyment of life or property






5. The activity of keeping something secret






6. Handle estates of the deceased






7. Tenancy that automatically continues for a successive amount of time






8. Fixed intrest rate buy monthly rates






9. Pledges and subscriptions to charities






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






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






12. Man who makes a will






13. 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






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






15. Criminal act & required state of mind






16. Nail place - hair place-license to do a job






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






18. A person who commits a tort






19. Made any agreement made on Sunday void.






20. Handles cases involving large amounts of money






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






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






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






24. Thing that poses a risk to chldren who may be attracted to it






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






26. VOID






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






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






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






30. Contributory negligence - comparative - assumption of risk






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






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






33. Handwritten over printed






34. An amendment or addition to a will






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






36. Court in which wills are proved






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






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






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






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






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






42. Written accusation charging suspect with crime






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






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






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






46. 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






47. Detention haring - adjudicatory hearing - disposal hearing






48. Removal or restraint of a person against their will






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






50. If someone is already under a legal duty to do something promise is not needed