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Business Law FInal Fall Part I
Test Description: Good Luck!
Instructions: Answer all questions to get your test result.
1) The stability and predictability of the law is essential to business activities.
A
false
B
true
2) A state law that conflicts with the U.S. Constitution will be deemed unconstitutional.
A
false
B
true
3) A judge's function is to make the law.
A
false
B
true
4) In a suit against Corbin, Donatella obtains damages. This is
A
an order to do or refrain from doing a particular act
B
an order to perform what is promised
C
a cancellation of a contract
D
a payment of money or property as compensation
5) A state supreme court held that a minor could cancel a contract for the sale of a car. Now a court in the same state is deciding a case with similar facts. Under the doctrine of stare decsis, the trial court is likely to
A
allow the minor to cancel the contract
B
disregard the previous case
C
order the minor to cancel the contract
D
require the minor to fulfill the contract
6) A court cannot exercise jurisdiction over an out-of-state defendant who have only done business in the state over the internet.
A
false
B
true
7) Venue is the term for the subject matter of a case
A
false
B
true
8) The United States Supreme Court has original jurisdiction in rare instances.
A
false
B
true
9) Ginger wants to file a suit against Fred. For a court to hear the case:
A
the parties must own property
B
Fred must agree
C
the court must jurisdiction
D
the parties have no minimum contact with each other
10) 3D HD TV company, a firm in Minnesota, advertises on the web. A court in North Dakota would be most likely to exercise jurisdiction over 3D HD if the firm
A
interacted with any North Dakota resident through its Web site
B
only advertised without interactivity at its Web site.
C
suddenly removed its ad from the internet
D
conducted substantial business with North Dakota residents through its web site.
11) An answer can admit to the allegation made in a complaint
A
true
B
false
*select an answer for all questions
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