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Substantive Law, Legal Rights, Legal Principles, Court, Tribunal, Business Law Final Exam

The key terms in this Business Law course include Substantive Law, Legal Rights, Legal Principles, Court, Tribunal, lawsuit , Plaintiff, Defendant, Parties, Government, Motion, Directed Verdict, Government, Judgment, Mock Trial, Tort, Business Law Final Exam.


____ 1. Substantive law:

a. specifies the steps to follow to enforce legal rights.

b. concerns equitable relief only.

c. creates, defines, and regulates rights and duties.

d. draws solely on English legal principles.


____ 2. A court is a tribunal established by:

a. the parties to a lawsuit.

b. the government.

c. the parties to a contract.

d. none of the above.


____ 3. The person who initiates a lawsuit is called the:

a. defendant.

b. moving party.

c. plaintiff.

d. none of the above.


____ 4. A motion for a directed verdict is appropriate:

a. immediately after the pleadings are filed.

b. immediately after discovery is concluded.

c. immediately after presentation of all evidence at trial. (Corrected)

d. on appeal.


____ 5. One of the motions that can be made after a verdict has been entered is a motion for a:

a. voluntary nonsuit.

b. compulsory nonsuit.

c. directed verdict.

d. judgment n.o.v.


____ 6. A summary jury trial is:

a. binding on the parties.

b. a mock trial.

c. a full and complete hearing of all the evidence.

d. a shortcut to establishing case-law precedent.


____ 7. Substantive law:

a. specifies the steps to follow to enforce legal rights.

b. concerns equitable relief only.

c. creates, defines, and regulates rights and duties.

d. draws solely on English legal principles.


____ 8. A court is a tribunal established by:

a. the parties to a lawsuit.

b. the government.

c. the parties to a contract.

d. none of the above.


____ 9. The person who initiates a lawsuit is called the:

a. defendant.

b. moving party.

c. plaintiff.

d. none of the above.


____ 10. A wrong that arises from a violation of a private duty is called a:

a. criminal action.

b. tort.

c. crime.

d. de mala.


____ 11. Which of the following is a defense to defamation?

a. slander

b. libel

c. truth

d. none of the above