Business Law Practice Questions 73 98 Answers CLEP EXAM College Board
1the fourth amendment protects people from unreasonable searches and seizures by the government.
the first amendment Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
the fifth amendment To "plead the Fifth" means you have the right not to answer police questions both while in custody or in court.
the fourtheenth amendment No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
Freedom of assembly sometimes used interchangeably with the freedom of association, is the individual right or ability of people to come together and collectively express, promote, pursue, and defend their collective or shared ideas.
The Declaration of Independence We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
The doctrine of respondeat superior embodies the general rule that an employer is responsible for the negligent acts or omissions of its employees.
Federal administrative agencies is an organization set up by a federal or state government to manage a particular aspect of the law
judicial review a procedure by which a court can review an administrative action by a public body and (in England) secure a declaration, order, or award. review by the US Supreme Court of the constitutional validity of a legislative act.
Legislative Branch congress authority, drafts proposed laws, confirms or rejects presidential nominations for heads of federal agencies, federal judges, and the Supreme Court, and has the authority to declare war.
Bailment contract means the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering themβ
Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership.
Bailee A bailee is an individual who temporarily gains possession, but not ownership, of a good or other property under a bailment.
Bailor a person or party that entrusts goods to a bailee.
Default Judgment arise in circumstances whereby one party to a suit has failed to perform a court-ordered action, and subsequently that failure has not only prevented the issue from being presented before the court but also results in the court settling the legal dispute in favor of the compliant party.
Statue of Limitations known in civil law systems as a prescriptive period, is a law passed by a legislative body to set the maximum time after an event within which legal proceedings may be initiated.
subject-matter jurisdiction is the requirement that a given court have power to hear the specific kind of claim that is brought to that court.
nonjusticable not capable of being decided by legal principles or by a court of justice
Business Ethics religion, philosophy, law, cultural norms
appeal of administrative decision procedure Once you have exhausted all of your agency-level appellate remedies, a state or federal court can consider your appeal.
The Civil Rights Act of 1964 prohibits discrimination on the basis of race, color, religion, sex or national origin.
missappropriation is the intentional and illegal use of funds for another use or other unauthorized purpose than its intended purpose.
unfair competition occurs when another business gains a competitive advantage or attempts to do so by using deceptive, unfair, wrong, or fraudulent business practices.
breach of contract refers to the violation of any term or condition of a binding agreement.
wrongful interference with a contractual relationship in the common law of torts, occurs when one person intentionally damages someone else's contractual or business relationships with a third party, causing economic harm.
disapagement of a business relationship It is the publication of false and derogatory statements or information about a business or its products or services that discourage people or other companies from dealing with that business.