Business Law Basics

Which of the following is a written or spoken agreement which is enforceable by law?

A contract

Which of the following types of agency relationships involves a third party?

Apparent authority

Which of the following types of law governs oral and written agreements related to exchange of goods and services, money and properties?

Business contract law

Which of the following laws prohibit employment discrimination based on a person's race, color, religion, sex or national origin?

Civil Rights Act of 1964

Which of the following occurs when witnesses are questioned under oath by the parties attorneys?

Deposition

Which of the following is the period of time when parties gather relevant information from each other or from third parties?

Discovery

Which of the following types of law encompasses the employer-employee relationship?

Employment law

Which of the following does the Resource Conservation and Recovery Act focus on?

Hazardous waste and recycling

Which of the following types of law deals with rules for securing and enforcing legal rights to original ideas and inventions?

Intellectual property law

Which of the following is the process involving a neutral third party to assist negotiating a settlement?

Mediation

Which of the following is a motion filed by the plaintiff, which asks the court to dismiss part of or all of the plaintiff's case?

Motion for summary

Which of the following is a motion filed by the defendant which indicates the complaint does not contain facts making the defendant liable to the plaintiff?

Motion to dismiss

Which of the following protects new and improved products?

Patent

During which of the following stages does each party of the lawsuit file initial papers?

Pleading

Which of the following is the first step of a business lawsuit?

Pleading

Which of the following is the party who gives legal authority to another to act on his or her behalf in business transactions?

Principal

Which of the following is an official agreement between disputing parties with the intention to resolve a case?

Settlement

Which of the following addresses the facts and legal claims in a complaint?

The answer

Which of the following describes what the defendant did, or failed to do, which caused harm to the plaintiff?

The compliant

Which of the following protects symbols, names and slogans used to identify goods and services?

Trademark