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. Killing with aforethought






2. Removal or restraint of a person against their will






3. The fee paid to a lender when borowing money






4. Limited jurisdictions in minor matters such as misdemeanors and civil actions involving small amounts of money






5. 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






6. 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






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






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






9. Landlord






10. Without moral standards or principles






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






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






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






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. Landlord






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






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






18. Continues for 10 years or may be renewed






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






20. Can be touched (goods)






21. Court in which wills are proved






22. Fraud






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






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






25. Continues for 10 years or may be renewed






26. Fixed intrest rate buy monthly rates






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






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






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






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






31. Man who makes a will






32. The fee paid to a lender when borowing money






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






34. Original work in a tangible medium of expression






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






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






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






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






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






40. Attempt to commit a battery (pointing a gun) a threat






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






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






43. Injuring anothers rep by making false statements






44. Unjust taking of money or thing of value by a public offical






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






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






47. Only entitled to reward if you know about it






48. Can be touched (goods)






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






50. Taking someones property by intentionally decieving that person