Defamation, Agreement, Slander, Negligence, Contract, Plaintiff, Business Law Final Quiz
The key terms in this Business Law course include Defamation, Agreement, Slander, Negligence, Contract, Plaintiff, Defendant, Perjury, Degree of Care , Comparative Negligence, Subject Matter, Legally Binding Agreement, Voidable Contract.
___ 1. Defamation consisting of the publication or communication of false, spoken words is termed:
a. slander.
b. libel.
c. privilege.
d. perjury.
____ 2. The degree of care required of a person is:
a. that which a person exercised in that situation.
b. that which an extraordinary person would exercise under similar circumstances.
c. that which an ordinarily prudent person would exercise under similar circumstances.
d. none of the above.
____ 3. Comparative negligence:
a. has been rejected by most of the states.
b. allows a comparison of negligence between plaintiff and defendant.
c. has been held to be applicable regardless of the plaintiff’s own negligence in all states.
d. is a bar to recovery under the common law.
____ 4. The concept of immunity from liability means that:
a. one who harms another can be held liable only for voluntary acts.
b. certain persons are not subject to tort liability.
c. one who harms another without intending to do so is not subject to tort liability.
d. one who harms a child never can be sued by the parents of the injured child.
____ 5. The subject matter of a contract may relate to:
a. the performance of personal services.
b. the construction of a house.
c. the transfer of ownership of property.
d. all of the above.
____ 6. A legally binding agreement that can be rejected at the option of one of the parties is called a(n):
a. void agreement.
b. revoked contract.
c. voidable contract.
d. optional agreement.
____ 7. The plaintiff in a quasi-contractual action can recover:
a. lost profits.
b. damages for mental distress.
c. the reasonable value of the benefit conferred upon the defendant.
d. for all the damages sustained.
____ 8. The willingness of an offeror to enter into a contractual agreement regarding a particular subject is expressed
by a(n):
a. offer.
b. acceptance.
c. contract.
d. agreement.