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. Valid void - express or implied - bilateral or unilateral - oral or written






2. Original work in a tangible medium of expression






3. Occurs when a person can no lonnger function normally without regularly consuming alcohol






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






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






6. Takes place when a person leaves his/her property in anothers possession






7. Difference between fair market value and the debt in the property






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






9. Fixed intrest rate buy monthly rates






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






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






12. Detention haring - adjudicatory hearing - disposal hearing






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






14. The fee paid to a lender when borowing money






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






16. Landlord






17. Fraud






18. Laws based on England and custom






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






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






21. 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






22. The activity of keeping something secret






23. Injuring anothers rep by making false statements






24. For the greatest nmer of people afffected by an actoin. The more good that results the more ethical the action






25. Pledges and subscriptions to charities






26. Owner of property






27. A person who commits a tort






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






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






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






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






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






33. Contributory negligence - comparative - assumption of risk






34. Duty of care - breach of duty - prximate cause - actualy harm






35. Written accusation charging suspect with crime






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






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






38. Unlawful taking and carrying away personal property






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






40. Difference between fair market value and the debt in the property






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






42. A written instrument by which the borrower pledges real property to the lender






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






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






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






46. Taking someones property by intentionally decieving that person






47. Criminal act & required state of mind






48. Without moral standards or principles






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






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