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. Sudden killing person out of rage






2. 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






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






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






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






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






7. 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






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






9. You.S. CONSTITUTION 'WHICH IS THE SUPREME LAW OF THE LAND'






10. Stops one party from lying to anotherabout a promise






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






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






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






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






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






16. Continues forever






17. Interfearane with anothers enjoyment of life or property






18. Injuring anothers rep by making false statements






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






20. Without moral standards or principles






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






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






23. 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






24. The body of rules and regulations and orders and decisions created by administrative agencies of government






25. Contributory negligence - comparative - assumption of risk






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






27. Traditional usually 30 yr period






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






29. Removal or restraint of a person against their will






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






31. Fixed intrest rate buy monthly rates






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






33. Right to use water from waterway on property






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






35. Handwritten over printed






36. Only entitled to reward if you know about it






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






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






39. Contributory negligence - comparative - assumption of risk






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






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






42. Cant be touched - copy right






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






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






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






46. Tenant






47. Property found in public place






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






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






50. Continues for 10 years or may be renewed