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. Only entitled to reward if you know about it






2. Handles suits against federal gov and disputes over taxes






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






4. Property found in public place






5. Handle estates of the deceased






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






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






8. Landlord






9. Owner of property






10. The activity of keeping something secret






11. A person who commits a tort






12. Legal ability to enter a contract. minors menally incometnent - drugged or drunk induvidual have no capacity to enter contract






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






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






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






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






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






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






19. Contributory negligence - comparative - assumption of risk






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






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






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






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






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






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






26. Man who makes a will






27. Stated in words and may be oral or written






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






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






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






31. Part of the plaintiff that asisted in causing his/hr injuries






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






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






34. Pledges and subscriptions to charities






35. Occurs when a person uses unfair and improper persuasive pressure to force another person to enter into an agreement(sick person/old)






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






37. Interfearane with anothers enjoyment of life or property






38. Entering a b uliding to commit a crime






39. Wrong against an induv.






40. Continues for 10 years or may be renewed






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






42. Holds bailors property for specific time/service






43. Original work in a tangible medium of expression






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






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






46. Traditional usually 30 yr period






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






48. Traditional usually 30 yr period






49. Can be touched (goods)






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