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. Stated in words and may be oral or written






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






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






4. Traditional usually 30 yr period






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






6. Leagal doc containing a short and plain statement against the defendaant the clerk of courts issue a summons notice to the defendant that a lawsuit has begun






7. Owner of property






8. Interfearane with anothers enjoyment of life or property






9. Detention haring - adjudicatory hearing - disposal hearing






10. Classifies drugs into groups with set penalties for each group






11. Unlawful and violent taking of personal property






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






13. Continues forever






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






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. Tenant






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






18. Sudden killing person out of rage






19. A tenant has the right to quiet enjoyment






20. Original work in a tangible medium of expression






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






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






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






24. Can be touched (goods)






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






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






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






28. Cant be touched - copy right






29. Holds bailors property for specific time/service






30. An amendment or addition to a will






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






32. Unlawful toutching of another person






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






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






35. Taking under $300






36. Handles cases involving large amounts of money






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






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






39. Wrong against an induv.






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






41. Owner of property






42. Killing with aforethought






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






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






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






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






47. Handles suits against federal gov and disputes over taxes






48. Involves values that govern a societys attitude toward right and wrong






49. Made any agreement made on Sunday void.






50. Interfeerence with a persons right to be left alonne