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. Fraud






2. Unlawful resetraint of a person wheather in proision or otherwise (must use good judgement when obtaining shop lifters)






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






4. Court in which wills are proved






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






6. Holds bailors property for specific time/service






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






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






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






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






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






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






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






14. Stated in words and may be oral or written






15. Unlawful killing of another human being with out malice aforethought






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






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






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






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






20. Taking under $300






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






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






23. Female who makes the will






24. An amendment or addition to a will






25. Cant be touched - copy right






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






27. Unlawful taking and carrying away personal property






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






29. Female who makes the will






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






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






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






33. Taking of another's property or money by a person to whom it has been entrusted






34. 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






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






36. Entering a b uliding to commit a crime






37. Says that evidence of an oral statement made before signing a written agreement cannot be presented in court






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






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






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






41. Owner of property






42. Handle estates of the deceased






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






44. The activity of keeping something secret






45. Without moral standards or principles






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






47. Court in which wills are proved






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






49. Contributory negligence - comparative - assumption of risk






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