Funeral Service Projects Business Law Test
Which of the following is not a necessary?
Movie ticket
The Statute of Frauds states that for contracts classified under this statute to be enforceable they must be
written contracts.
A written agreement such as a deed or a bond delivered to a third person. He is to deliver it to the grantee only upon performance of fullfillment of a specific condition. This type of agreement is known as:
a conditional
The person against whom legal action is being brought in court is:
a defendant
The consideration of an insurance policy is
a premium.
A carrier owned by a shipper for the purpose of shipping its own goods is
a private carrier.
A temporary order forbidding a certain action is
a restraining order
A federal court of appeals is
an appellate court.
A reducing term insurance policy plus savings acccount is called
an endowment policy.
A breach of contractual obligation other than money is
default
The profits of a corporation belong to the corporation until set aside by the directors for distribution as
dividends
One who induces another to enter into a contract as a result of an intentionally or recklessly false statement of a material fact is guilty of:
fraud
If a person has the right to make decisions concerning the disposal of a deceased human remains, they also have the right to:
all of the preceding
When a buyer takes actual possession of goods which have been offered for sale, this action is called
an acceptance.
An agent that has been appointed by a sealed written authorization which states that the agent is to act in the principal's behalf is
an attorney in fact
An expressed willingness from a person to enter into a contractual agreement is
an offer.
The means whereby one party conveys his rights in a contract to another who is not a party to the original contract is called
assignment
Law which is concerned primarily with those rules of conduct involving financial transactions between individuals or legal entitles is
business law.
The recorder in state and federal courts is the
clerk
The damages awarded an injured party in a contract in which the injured party is entitled to compensation for the exact amount of the loss are called
compensatory damages.
Whatever the promisor demands and receives as the price for his promise is called
consideration
For the average citizen, the most important courts of the state court system are the
courts of original general jurisdiction.
Property rights consisting merely of evidences of ownership of property, such as copyrights, checks, notes and stocks, are
intangible personal property
Courts concerned with delinquent, dependent, and neglected children are called
juvenile courts.
An advantage to a corporation is
limited liability
Which one of the following is primarily liable on a promissory note?
maker
"Anything unlawful that worketh hurt, inconvenience, or that is offensive to the senses" the court terms as a/an:
nuisance
The party who makes the offer is the
offeror
A restatement of one's willingness to be bound by his promises made during minority is called
ratification
Courts that have exclusive jurisdiction of bankruptcy matters, claims against the United States, and patent and copyright cases are defined as
special federal courts.
Parol evidence is
spoken words
Which of these has the secondary right to control final disposition of a decendent?
state
Laws enacted by legislative bodies are
statutes
Personal property which can be seen and touched is ________ personal property.
tangible
Which of the following persons would most likely have the primary rights to control funeral arrangements?
the decendent's adult daughter
The court having sole jurisdiction over estates is
the probate court
A contract made by an insane person who has not been declared so judicially is
voidable
Common law developed in
England
A funeral director tells a family, " I'll have my man go by your house to pick up you folks at 5:30 this evening with my limo" The funeral home is actually renting the car and driver from a livery service. What happens if there's an accident?
Probably the funeral director is liable since he held out the car and driver as his own.
A formal written command issued by a court of law
a writ
The funeral director that has personal effects of clothing belonging to the deceased is called a:
bailee
The violation of the terms of a contract is referred to as
breach of contract
Usury is a term which refers to
excess interest.
Perjury is
false testimony
The ____________ court is the one having jurisdiction over estates.
probate
A contract is a legally enforceable agreement between
two or more legally competent persons.
The only person who can legally order a postmortem examination, besides the next of kin, is the:
coroner/medical examiner
The right that one person has to use the property of another for a special purpose is known as
an easement
Defamation of character by spoken words or gestures is
slander
Mutual mistakes as to the existence of the subject matter render a contract:
void
