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Business Law Posttest

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.
The court with original jurisdiction over a legal dispute is typically known as the
a)
Trial court
b)
Appellate court
c)
Supreme court
d)
All of these
2.
Who of the following makes decisions that bind parties to a dispute?
a)
Mediator
b)
Arbitrator
c)
Conciliator
d)
None of these
3.
Courts to administer wills and estates are called
a)
Family courts
b)
Probate courts
c)
Federal district courts
d)
Estate courts
4.
Which of the following is not a court with specialized jurisdiction?
a)
Probate court
b)
Small claims court
c)
Juvenile court
d)
Trial court
5.

The process of taking a dispute to court for resolution is known as

a)

Arbitration

b)

Mediation

c)

Litigation

d)

Probation

6.
There are ____________ federal courts of appeal.
a)
11
b)
12
c)
13
d)
14
7.

Which Article of the U.S. Constitution is the source of power of the courts?

a)

I

b)

II

c)

III

d)

IV

8.

A nonviolent protest against an unfair law is known as?

a)

ethical resistance

b)

legal defiance

c)

civil disobedience

d)

moral objection

9.

The U.S. Constitution guarantees certain individual freedoms. What are these called?

a)

public rights

b)

personal rights

c)

civil rights

d)

universal rights

10.

John, a well-respected businessman, was accused by his competitor, Mark, in a public meeting. Mark said that John was involved in illegal activities, which caused John to lose his reputation in the community. What is this act called?

a)

meanness

b)

libel

c)

gossip

d)

slander

11.

Legal term for a minor crime that is punishable by a fine or less than a year in jail.

a)

infraction

b)

misdemeanor

c)

felony

d)

assault

12.

In the United States, a law passed by Congress, such as the Civil Rights Act, is an example of what type of law?

a)

statutory

b)

constitutional

c)

administrative

d)

common

13.

A famous celebrity is suing a tabloid for publishing false and malicious information about them with the intent to harm their reputation. This act is known as?

a)

slander

b)

libel

c)

meanness

d)

misdemeanor

14.

The method by which disagreements are resolved by an unbiased third party agreed upon by both sides.

a)

mediation

b)

litigation

c)

arbitration

d)

disagreement

15.
If a student is 14-15 years of age, what is the total number of hours that they can work during a school week?
a)
6
b)
18
c)
30
d)
40
16.

This refers to the legal term used in the context of intellectual property rights, which grants the creator of an original work exclusive rights to its use and distribution.

a)

trademark

b)

copyright

c)

patent

d)

logo

17.
If your parents own a hotel and you are 14 years old, how many hours can you legally work?
a)
18
b)
40
c)
no legal limit
d)
none
18.

What is the term for a legally binding agreement between two or more parties?

a)

law

b)

contract

c)

trademark

d)

copyright

19.

Which of these is NOT a criminal penalty that business can face?

a)

The company goes to prison.

b)

The company loses business licenses.

c)

The company pays fines.

d)

The company faces tight regulatory scrutiny

20.

To decide whether there was apparent authority to enter a contract, we look at

a)

whether the agent acted like a reasonable person.

b)

whether a reasonable person would believe that the agent had authority to enter the contract for the principal.

c)

whether the principal acted like a reasonable person.

d)

All of the above.

21.

Which of these defenses can the business make in a negligence case if the business is vicariously liable?

a)

Comparative fault

b)

Proximate cuase

c)

Statute of limitations

d)

Any of these

22.

Which of these does the plaintiff need to prove before the business will be liable for a contract entered by someone that works for them?

a)

The worker is an employee.

b)

The business benefitted from the worker's act.

c)

The worker was acting within the scope of their authority.

d)

The worker had authority.

23.

What is an exclusive right granted for an invention, which is a product or a process that provides a new way of doing something?

a)

Copyright

b)

Copyleft

c)

Trademark

d)

Patent

24.

When a couple is divorcing and they work with a neutral third party that helps them resolve divorce issues and divide up assets and property, this is an example of

a)

arbitration.

b)

negotiation.

c)

mediation.

d)

litigation.

25.

Which court can hold both appellate and original jurisdiction in various court cases?

a)

Small Claims Court

b)

Federal District Court

c)

U.S. Supreme Court

d)

Federal Court of Appeals

26.

Imagine you are a member of a grand jury. You have to decide whether there is sufficient evidence to try a person named John Doe for a crime. This written accusation is known as?

a)

Information

b)

Injunction

c)

Indictment

d)

Subpoena

27.

A remedy that can be awarded in a civil trial in which the court orders a defendant to stop doing an action or start doing an action.

a)

Injunction

b)

Compensatory damages

c)

Punitive damages

d)

Subpoena

28.

Element of a contract that requires something of legal value must be exchanged between the parties.

a)

Consideration

b)

Offer and Acceptance

c)

Capacity

d)

Genuine Agreement

29.

What does the jury bring back to the judge after deliberation?

a)

Verdict

b)

Sentence

c)

Judgment

d)

Indictment

30.

A difference between a crime and a tort is that a crime is committed against the public good, while a tort

a)

is committed against a particular person.

b)

is considered wrong against all of society.

c)

is caused when someone is threatened.

d)

hurts all members of a community.

31.
John proposes to sell his car to Jan for $500. What element of a contract did John propose?
a)
Acceptance
b)
Offer
c)
Rejection 
d)
Revocation
32.
Jennifer asked Jason if he wanted to buy her car for $5,000. Who is Jennifer in this transaction?
a)
Donee
b)
Donor
c)
Offeree
d)
Offeror
33.

Doctrine requiring lower courts to follow established case law

a)

stare decisis

b)

unconstitutional

c)

supremacy rules

d)

tort

34.

Three elements to proving a crime

a)

breach of duty, motive, criminal intent

b)

breach of duty, motive, criminal intent

c)

duty, breach of duty, criminal intent, motive

d)

duty, breach of duty, criminal intent

35.
Which courts are the trial courts of the federal system?
a)
District Courts
b)
Courts of Appeals
c)
Supreme Court
d)
None of the answers
36.
How many Justices are there on the U.S. Supreme Court?
a)
Six
b)
Ten
c)
Nine
d)
Eleven
37.
How many Justices must agree to take a case in order for it to be heard by the U.S. Supreme Court?
a)
Four
b)
Six
c)
Nine
d)
One
38.
What is issued when the U.S. Supreme Court agrees to review a case?
a)
Writ of certiorari
b)
Court of last resort
c)
Legal precedent
d)
Court of appeals
39.
Who appoints federal judges?
a)
The Senate
b)
The House of Representatives
c)
The Chief Justice of the U.S. Supreme Court
d)
The President of the United States
40.
Who confirms the appointment of federal judges?
a)
The Senate
b)
The House of Representatives
c)
The Chief Justice of the U.S. Supreme Court
d)
The President of the United States
41.

Why is the law necessary?

a)

Because people do not always follow ethics

b)

Because people need to be punished

c)

Laws give an idea of how to act

d)

people are generally dishonest

42.

What is common law?

a)

A set of consistent rules for later courts

b)

A precedent set by the founding fathers

c)

The law of the people

d)

Old fashioned laws designed in America

43.

What is a constitution?

a)

A document that s written to be a guide

b)

A document created in America to build the country

c)

A document that discusses how the government works

d)

A document for study on laws

44.

Who creates ordinances?

a)

State legislatures

b)

The federal Government

c)

Local governments

d)

Congress

45.
Document which transfers ownership of real estate
a)
Real Property
b)
Deed
c)

Title

d)
Lease
46.
Legal ownership and the right to use a piece of property
a)
Real Property
b)
Deed
c)

Title

d)
Landlord-Tenant Law
47.

The Equal Pay Act focuses on the discrimination of wages based on which of the following?

a)

Gender

b)

Age

c)

Race

d)

Disability

48.

What is a union?

a)

Federal agency overseeing most employment discrimination law

b)

Federal agency regulating and investigating workplace incidents

c)

A group formed by employees to negotiate with the employer

d)

A group formed by employers to negotiate with employees

49.
The legal form of business ownership in which owners have limited personal accountability for the debts and dealings of the company is called a...
a)
sole proprietorship
b)
partnership
c)
corporation
d)
limited liability company
50.
The legal form of business ownership that is also known as a separate entity is called a...
a)
sole proprietorship and partnership
b)
partnership
c)
corporation
d)
limited liability company