Business Law MCQ Questions Answers

1. _________________ elections tend to have the lowest voter turnout.

2. The arbitrator typically provides a decision within ____ days of an arbitration hearing.

3. The appealing party in an appeal is called a(n) ________.

4. The american recovery and reinvestment act of 2009 is a good example of ________ principles.

5. _______ must be included in an affidavit to support an allegation in order to justify a warrant.

6. A promise to do something that you are already obligated to do is ____.

7. All states except _____ have adopted some version of article 2 (sales) of the ucc.

8. A moving average model works best when _____ in the time series.

9. One of the tests that an invention must pass to be eligible for a patent is that it must _____.

10. The ________ bears the risk of loss during transportation in a destination contract.

11. It is not uncommon for an executive agreement to be made _____.

12. The _____ limitation accords power to congress to override the proposed agency rules.

13. Under __________, jobs in the federal bureaucracy are awarded on the basis of skills and expertise.

14. The ____ is a legal document that lists and explains the terms of the partnership.

15. Some contracts specify that conflicts may be settled through ________ instead of court.

16. Section _____ of the uniform commercial code is the basic _____ provision for sales contracts.

17. A ________ is a person who agrees to pay a debt if the primary debtor does not.

18. A contract is an agreement that is enforceable by a court of _____ or _____.

19. When courts rely on precedent, they are obeying ______.

20. The transfer and distribution of risk done by an insurer is known as _________.

21. A(n) ________ uniquely identifies an individual's or company's website.

22. That the biases of a ruling class are reflected in the laws passed is a belief of ____ adherents.

23. A vendor certification _____.

24. Warrantless arrests must be based on _____.

25. Theft is to the criminal law as ____ is to the civil law.

26. State limited-jurisdiction trial courts are sometimes referred to as _____ trial courts.

27. In a negligence action, a measurement of a persons duty of care is the_____.

28. In 1778, the continental congress formed a federal government and adopted the _____.

29. If a law prevents individuals from exercising a fundamental right, the law will be subject to ___.

30. Contracts involving fraud in inducement are ________.

31. An indorsement in trust is also known as a(n) _____ indorsement.

32. A(n) ________ endorsement does not disclaim or limit liability.

33. _____ prohibits discrimination in employment.

34. The _____ is a trade group that represents the worlds largest software and hardware manufacturers.

35. Land trusts are ________.

36. Written defamation is _____; oral defamation is _______.

37. Under the law in the antebellum south, slaves were ________.

38. Under the _______ theory of jurisprudence, the law is what the sovereign says it is.

39. Impeachment proceedings begin in the _____.

40. Baker v. carr (1962) involved ________.

41. A ________ is defined as the passing of title of goods from a seller to a buyer for a price.

42. Parties not in ______ usually do not have rights to a contract.

43. Negotiable instruments are special types of _____ contracts.

44. In an auction without reserve, the seller is the _____, and the bidders are the _____.

45. In a unilateral contract, the consideration for a promise is ______.

46. A(n) ________ involves the seller entrusting possession of goods to a buyer on a trial basis.

47. Approval clauses require that the ________ approve any assignment of a contract.

48. Individual internet users connect to isps through a(n) ________.

49. The u.s. district courts are the federal court system's trial courts of _____ jurisdiction.

50. The smith system does not include __________

51. Only _____ can formally propose a law.

52. Most proposed legislation _____.

53. In a liquidated debt, _____.

54. _________ is the power to try a case being heard for the first time.

55. By conducting ________, corporations expect to prevent unethical conduct to a greater degree.

56. _____ law placed the risk of loss to goods on the party who held title to the goods.

57. A court with original jurisdiction hears _____ cases.

58. Leo and nlets are different types of law enforcement ________ resources.

59. _____ is the idea that those subject to laws should have some role in formulating them.

60. The hardware components of an information system will act as a(n) ________.

61. The best way to make yourself valuable to your employers is to learn ______.

62. One feature common to states is _____.

63. Feminist analysis is a subset of ________ analysis.

64. A factor to consider when selecting a physical location is ________.

65. The world court can adjudicate disputes between _____.

66. Every year ___________ of americans require medical treatment from product related accidents.

67. An apparent agency is also known as an agency by _____.

68. The philosophy behind intellectual property rights is to _____.

69. Power centers are characterized by the ________.

70. Organizations operate in two kinds of complex environments. these are ____.

71. Organizations can achieve a competitive advantage by using their resources to _____.

72. Organizational structure depends on a variety of factors not including ________.

73. One of the management advantages of outsourcing is that the company can ________.

74. Energy efficiency is usually obtained through _______.

75. An industry association certification typically requires that an individual ___.