Presentation is loading. Please wait.

Presentation is loading. Please wait.

Business Law State Review. The attempt to develop a means for determining the values of a society is known as… 1.Morality 2.Ethics 3.The Greater Good.

Similar presentations


Presentation on theme: "Business Law State Review. The attempt to develop a means for determining the values of a society is known as… 1.Morality 2.Ethics 3.The Greater Good."— Presentation transcript:

1 Business Law State Review

2 The attempt to develop a means for determining the values of a society is known as… 1.Morality 2.Ethics 3.The Greater Good 4.None of These

3 The rules and procedures established by regulatory agencies are called… 1.Statutory Law 2.Common Law 3.Administrative Law

4 Morality & Ethics are the same thing? 1.True 2.False

5 Laws passed by US Congress, State Legislatures or Local City Councils are all… 1.Administrative Law 2.Statutory Law 3.Federal law 4.Common Law

6 Federal Courts have jurisdiction over patent and copyright cases? 1.True 2.False

7 The US Supreme Court has both original & appellate jurisdiction? 1.True 2.False

8 The federal court system derives its authority from… 1.Amendment 3 of the US Constitution 2.Article 3 of the US Constitution 3.Preamble of the US Constitution 4.Article V of the US Constitution

9 At the bottom level of the federal court system are the federal 1.Small Claims Courts 2.District Courts 3.Municipal Courts 4.Appellate Courts

10 The jurisdiction of local courts is 1.General 2.Limited 3.Appellate 4.Special

11 The first 10 amendments to the Constitution is called the… 1.Bill of Bills 2.Bill of Wrongs 3.Bill of Rights

12 Courts that are between the lower courts and the highest court are called 1.Appellate Courts 2.Intermediate Courts 3.General Courts 4.US Supreme Court

13 A court that has authority to try a case the first time it is heard is known as a court of… 1.Appellate Jurisdiction 2.General Jurisdiction 3.Original Jurisdiction 4.Limited Jurisdiction

14 Because the US Court of Appeals have authority to hear appeals from lower courts we say they have… 1.Appellate Jurisdiction 2.General Jurisdiction 3.Original Jurisdiction 4.Limited Jurisdiction

15 A delinquent child is a minor who has committed an act that would be a crime if committed by an adult? 1.True 2.False

16 The goal of the juvenile court is punishment? 1.True 2.False

17 A tort is a wrong against an individual? 1.True 2.False

18 Breaking and Entering with the intent to commit a crime is… 1.Burglary 2.Robbery 3.Larceny 4.Embezzlement

19 Willful or malicious damage to property is called… 1.Property abuse 2.Domestic Violence 3.Terrorism 4.Vandalism

20 Team Scores So Far

21 In a criminal proceeding, the government is referred to as the… 1.Defendant 2.Offender 3.Prosecutor 4.Protagonist

22 Tort lawsuits are brought by the state in order to punish wrongdoers? 1.True 2.False

23 Failure to exercise the degree of care a reasonable person would exercise is… 1.Strict Liability 2.Nuisance 3.Intentional Tort 4.Negligence

24 The first pleading filed in a civil case is the… 1.Summons 2.Complaint 3.Subpoena 4.Deposition

25 Who brings forth the judgment is a criminal case? 1.The Prosecutor 2.The Jury 3.The Judge 4.The Baliff

26 A Jury of Inquiry is a… 1.Petit Jury 2.Grand Jury 3.Hung Jury 4.Jury that can’t make up its mind

27 Civil & Criminal trials start the same way? 1.True 2.False

28 The written accusation issued by a grand jury is the Complaint? 1.True 2.False

29 A minor crime committed is a… 1.Felony 2.Infraction 3.Misdemeanor 4.None of These

30 If a judge is deciding a case he must go by the previous Precedents that have been set forth. 1.True 2.False

31 Not telling the truth under oath on the witness stand is… 1.A bad idea 2.Insane 3.Contempt of Court 4.Perjury

32 The taking back of a offer by the offeror is… 1.Rejection 2.Cancellation 3.Revocation 4.Consideration

33 Which of the following IS NOT one of the 6 elements of a contract? 1.Offer 2.Legality 3.Consideration 4.Genuine Agreement 5.Serious Intent 6.Acceptance 7.Capacity

34 Contract that is legally binding and fully enforceable is a… 1.Void Contract 2.Express Contract 3.Valid Contract 4.Implied Contract

35 A contract in which one person promises to do something when the other person performs some act is a… 1.Bilateral Contract 2.Express Contract 3.Unilateral Contract 4.Implied Contract

36 An express contract must be written? 1.True 2.False

37 If a valid offer is met with valid acceptance, the result is… 1.Legality 2.Capacity 3.Genuine Agreement 4.Consideration

38 Mutual mistake is also known as… 1.Unilateral Mistake 2.Bilateral Mistake 3.Material Mistake 4.Intentional Mistake

39 A deliberate deception to secure unfair or unlawful gain is… 1.Misrepresentation 2.Libel 3.Unilateral Mistake 4.Fraud

40 An innocent statement of a supposed fact that turns out to be false is known as… 1.Concealment 2.Fraud 3.Misrepresentation 4.None of These

41 Team Scores

42 The legal ability to enter a contract is… 1.Offer 2.Acceptance 3.Capacity 4.Legality

43 A person who intentionally fails to reveal an important fact is committing…. 1.Concealment 2.Misrepresentation 3.Fraud 4.None of These

44 May a competent adult avoid a contract made with a minor? 1.Yes 2.No

45 May the giving up of some right constitute valid consideration? 1.Yes 2.No

46 Does consideration require that each party get something of equal value? 1.Yes 2.No

47 Unfair and improper persuasive pressure exerted by one in a position of trust on another is called Undue Influence? 1.True 2.False

48 Overcoming the will of another by the use of force or by threat of force or bodily harm is called… 1.Economic Duress 2.Duress 3.Undue Influence

49 Breach of Contract is the wrongful failure to perform one or more promises of a contract? 1.True 2.False

50 What is the most common way a contract is terminated? 1.Breach of Contract 2.Mistake 3.Illegality 4.Completion

51 When contracts come to an end, they are said to be…. 1.Tendered 2.Discharged 3.Terminated 4.Delegated

52 Most contracts are discharged by ______ when the parties fulfill the terms of the agreement. 1.Substantial Performance 2.Complete Performance 3.Performance 4.Tender

53 When a party to a contract has done everything except minor things there is… 1.Performance 2.Complete Performance 3.Substantial Performance 4.Mutual Release

54 Is a contract VOID when made by a person declared insane by a court and for whom a guardian has been appointed? 1.Yes 2.No

55 Can a minor disaffirm part of a contract and affirm other parts? 1.Yes 2.No

56 Transferring a right to someone is called ______ while transferring a duty to someone is called ______. 1.Delegation, Assignment 2.Delegation, Novation 3.Assignment, Novation 4.Assignment, Delegation

57 Consideration is the exchange of benefits and 1.Debtors 2.Obligations 3.Forbearance 4.Detriments

58 Most newspaper ads are considered to be… 1.Offers 2.Bargains 3.Invitations to Negotiate 4.Contracts

59 An oral or written guarantee by a manufacturer or a seller is a(n)… 1.Full Warranty 2.Limited Warranty 3.Express Warranty 4.Implied Warranty

60 A(n) _____ is a guarantee of quality imposed by law in particular kinds of transactions. 1.Full Warranty 2.Limited Warranty 3.Implied Warranty 4.Express Warranty

61 Person who represents another person… 1.Servant 2.Principal 3.Subagent 4.Agent 5.General Agent

62 Person whose physical conduct is not controlled by the proprietor 1.Servant 2.Principal 3.Independent Contractor

63 A collective bargaining agreement is a contract negotiated by the employer and representative of the union 1.True 2.False

64 A(n) Implied Contract is a promise that an employer will treat an employee with fairness and honesty 1.True 2.False

65 Things to know Know the following: –Americans with Disabilities act –OSHA –Fair Labor Standards Act –Justified & Unjustified Discrimination

66 Computer Law Computer Hacking Software Piracy Source code (Reverse Engineering) Software License Copyright Law Internet E-mail

67 Bankruptcies to know Chapter 7 –Liquidation Chapter 11 –Reorganization Chapter 13 –Reorganization of Debts

68 Which Chapter of Bankruptcy includes liquidation? 1.Chapter 11 2.Chapter 7 3.Chapter 13

69 A business owned by two or more people is called a…. 1.Sole Proprietorship 2.Corporation 3.Partnership

70 An artificial person created by law is a… 1.Partnership 2.Sole Proprietorship 3.Corporation

71 The Red Cross is a good example of a Profit Corporation? 1.True 2.False

72 A company incorporated in Texas but operating in Utah would be considered a Foreign Corporation in Texas? 1.True 2.False

73 Land, and anything permanently attached to the land, is… 1.Tangible Property 2.Personal Property 3.Genuine Property 4.Real Property

74 It is now up to me to study over the next few days? 1.True 2.False

75 Things to Study Chapter Notes This Powerpoint ExamView Review Book


Download ppt "Business Law State Review. The attempt to develop a means for determining the values of a society is known as… 1.Morality 2.Ethics 3.The Greater Good."

Similar presentations


Ads by Google