Advanced business law champion test with
questions and answers updated 2026/2027
garaded and verified a+ chapters 1-5
administrative law - --CORRECT ANSWER----rules, orders, decisions of administrative agencies
alternative dispute resolution - --CORRECT ANSWER----others means of settling a dispute,
flexible
patent - --CORRECT ANSWER----grant from the government that gives an inventor the exclusive
right to make, use, and sell and invention for a period of twenty years
penalties of counterfeiting - --CORRECT ANSWER----fine or jail, get rid of counterfeit products
and give back profits
personal property - --CORRECT ANSWER----all other items, movable
persuasive authorities - --CORRECT ANSWER----look to other jurisdictions when there is no
precedent
plaintiff - --CORRECT ANSWER----those bringing lawsuits
plaintiffs complaint - --CORRECT ANSWER----1. facts necessary for court to take jurisdiction over
both personal and subject matter
2.brief summary of facts necessary to show that plaintiff is entitle to a remedy
3. statement of remedy plaintiff is seeking
pleadings - --CORRECT ANSWER----complaint and sewer and counterclaims and reply- inform
others of claims and specify the issues
police powers - --CORRECT ANSWER----10th amendment allows state governments to regulate
private activities to protect/promote public order, health, safety, morals, and general welfare
,precedent - --CORRECT ANSWER----a court decision that furnished an example or authority for
deciding subsequent cases involving identical or similar legal principles or facts
pretrial conference - --CORRECT ANSWER----explore possibilities of settlement without trial
primary assumption of risk - --CORRECT ANSWER----completely bars a plaintiff's recovery
because it relieves defendant of the duty of care
primary sources of law - --CORRECT ANSWER----1. u.s. constitutions
2. state constitutions
3. statutes passed by congress and states
4. regulations created by administrative agencies
5. case law
privileged communications - --CORRECT ANSWER----person has special privileges or an
immunity
probate courts - --CORRECT ANSWER----handless matters relating to transfer of persons assets
and obligations after death, including child custody
procedural due process - --CORRECT ANSWER----any government decision to take life, liberty,
property must be made fairly. person is properly notified and has opportunity to be heard
procedural law - --CORRECT ANSWER----all laws that establish the methods of enforcing the
rights established by substantive law
product liability - --CORRECT ANSWER----1. manufacturer or seller can better bear cost of injury
because it spread cost among society by increasing prices of goods and services
, 2. manufacturer or seller makes profit from activities and therefore should bear cost of injury as
operating expense
proximate cause - --CORRECT ANSWER----connection between act and injury is strong enough
to justify imposing liability-foreseeability
public figures - --CORRECT ANSWER----defamatory statements can be made about them as long
as there is no malice
public law - --CORRECT ANSWER----addressing relationships between persons and their
government
puffery - --CORRECT ANSWER----seller's talk
punitive damages - --CORRECT ANSWER----punish the wrongdoer and deter others from similar
wrongdoings
questions of fact - --CORRECT ANSWER----deals with what really happened in regard to dispute
being tried
questions of law - --CORRECT ANSWER----application or interpretation of law
real property - --CORRECT ANSWER----land and things permanently attached to the land
reasonable person standard - --CORRECT ANSWER----how a reasonable person would have
acted in same situation-careful, conscientious, even tempered, and honest
remedy - --CORRECT ANSWER----means given to party to enforce a right or compensate for
violation of right
questions and answers updated 2026/2027
garaded and verified a+ chapters 1-5
administrative law - --CORRECT ANSWER----rules, orders, decisions of administrative agencies
alternative dispute resolution - --CORRECT ANSWER----others means of settling a dispute,
flexible
patent - --CORRECT ANSWER----grant from the government that gives an inventor the exclusive
right to make, use, and sell and invention for a period of twenty years
penalties of counterfeiting - --CORRECT ANSWER----fine or jail, get rid of counterfeit products
and give back profits
personal property - --CORRECT ANSWER----all other items, movable
persuasive authorities - --CORRECT ANSWER----look to other jurisdictions when there is no
precedent
plaintiff - --CORRECT ANSWER----those bringing lawsuits
plaintiffs complaint - --CORRECT ANSWER----1. facts necessary for court to take jurisdiction over
both personal and subject matter
2.brief summary of facts necessary to show that plaintiff is entitle to a remedy
3. statement of remedy plaintiff is seeking
pleadings - --CORRECT ANSWER----complaint and sewer and counterclaims and reply- inform
others of claims and specify the issues
police powers - --CORRECT ANSWER----10th amendment allows state governments to regulate
private activities to protect/promote public order, health, safety, morals, and general welfare
,precedent - --CORRECT ANSWER----a court decision that furnished an example or authority for
deciding subsequent cases involving identical or similar legal principles or facts
pretrial conference - --CORRECT ANSWER----explore possibilities of settlement without trial
primary assumption of risk - --CORRECT ANSWER----completely bars a plaintiff's recovery
because it relieves defendant of the duty of care
primary sources of law - --CORRECT ANSWER----1. u.s. constitutions
2. state constitutions
3. statutes passed by congress and states
4. regulations created by administrative agencies
5. case law
privileged communications - --CORRECT ANSWER----person has special privileges or an
immunity
probate courts - --CORRECT ANSWER----handless matters relating to transfer of persons assets
and obligations after death, including child custody
procedural due process - --CORRECT ANSWER----any government decision to take life, liberty,
property must be made fairly. person is properly notified and has opportunity to be heard
procedural law - --CORRECT ANSWER----all laws that establish the methods of enforcing the
rights established by substantive law
product liability - --CORRECT ANSWER----1. manufacturer or seller can better bear cost of injury
because it spread cost among society by increasing prices of goods and services
, 2. manufacturer or seller makes profit from activities and therefore should bear cost of injury as
operating expense
proximate cause - --CORRECT ANSWER----connection between act and injury is strong enough
to justify imposing liability-foreseeability
public figures - --CORRECT ANSWER----defamatory statements can be made about them as long
as there is no malice
public law - --CORRECT ANSWER----addressing relationships between persons and their
government
puffery - --CORRECT ANSWER----seller's talk
punitive damages - --CORRECT ANSWER----punish the wrongdoer and deter others from similar
wrongdoings
questions of fact - --CORRECT ANSWER----deals with what really happened in regard to dispute
being tried
questions of law - --CORRECT ANSWER----application or interpretation of law
real property - --CORRECT ANSWER----land and things permanently attached to the land
reasonable person standard - --CORRECT ANSWER----how a reasonable person would have
acted in same situation-careful, conscientious, even tempered, and honest
remedy - --CORRECT ANSWER----means given to party to enforce a right or compensate for
violation of right
