Miscellaneous Quiz / Business Law Midterm (2)

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Can you name the Business Law Key Terms(Ch. 6-9)?

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Fraudulently making or altering an instrument that apparently creates or alters a legal liability of a document
Criminal offense that is punishable by at least one year in prison or that is expressly stated by statute to be a felony
Negligence of the plaintiff that contributed to injury and at common law bars recovery from the defendant although the defendant may have been more negligent that the plaintiff
Legal payments to speed up or ensure performance of normal government duties
Federal law, initially targeting organized crime, that has expanded in scope and provides penalties and civil recovery for multiple criminal offenses, or a pattern of racketeering
Agreement between two or more persons to commit an unlawful act
Wrongs committed using a computer or with knowledge of computers
Used so that countries can borrow money from other IMF members to permit that country to maintain the stability of its currencys relationship to other world countries
A provision deciding which country's laws will apply when an international contract is formed
Negotiated disposition of a matter before an administrative agency, generally without public sanctions
Complete defense against the tort of defamation, as in the speeches of members of Congress on the floor and witnesses in a trial
Privacy protection in the U.S. constitution that prohibits unautrhorized searches and seizures
Commercial device used to guarantee payment to a seller in an international transaction
Civil wrong that results from intentional conduct
Extortion demands made by a nonpublic official
Defamation of character by spoker words or gestures
A person or firm with authority to make contracts on behalf of another
Illegal demand by a public office acting with apparant authority
Tort in which a third party interferes with others' freedom on contracts
Informal settlements of enforcement actions brought by agencies
two firms agree to perform different functions for a common result(governed by contract)
Federal standards used by judges in determining mandatory sentence terms for those convicted of federal crimes
Statuatory offense consisting of the unlawful conversion of property entrusted to the wrongdoer
The law governing administrative agencies
person or firm who employs an agent who is primarily liable to the third person or creditor
False statements made about a product or business
Federal Law that makes it a felony to copy, download, transmit, or in any way transfer proprietary files, documents and information from a computer to an unauthorized person
Failure to exercise due care under the cirsumstances in consequence of which harm if proximately caused to one to whom the defendant owed a duty to exercise due care
Govt. publication published 5 days a week that lists all administrative regulations, presidential proclamations and executive orders
Government body charged with administering and implementing legislation
Guarantees a speedy trial
Crimes that do not use nor threaten to use force or violence or do not cause injury to persons or property
Clause whereby any privilige subsequently granted to a third countryin relation to a given treaty subject is extented to the other party to the treaty.
Provides that information contained in records of federal administrative agencies is available to citizens on proper request
Violation of the law that is punished as an offense against the state or government
Involves granting permission to use a trademark, trade name or copyright under specified conditions
An unauthorized action with respect to person or property
Constitutional protection against self-incrimination that guarantees due process
Criminal offense with sentence of less than one year that is neither treason or a felony
When services are not properly rendered in accordance with commonly accepted standards, negligence by a professional in performing his or her skill
Malicious making of false statements as to a seller's title
Civil wrong that interferes with one's property or person
Intentional detention of a person without that persons consent
Federal govt. requires most meeting of major administrative agencies be open to the public
Provides that proposed administrative regulation be published in the Federal Register
Qualifying underlying offense for RICO liability
Civil wrong for which there is absolute liability because of the inherent danger in the underlying activity(use of explosives)
Judicial authorization for a search of property where there is the expectation of privacy
Right of a storeowner to detain a suspected shoplifter based on reasonable cause and for a reasonable time without resulting liability for false imprisonment
Warnings required to prevent self-incrimination in a criminal matter
Takes title to goods and bears the financial and commercial risks for the subsequent sale
Tort that produces mental anguish caused by conduct that exceed all bounds of decency
Untrue Statement by one party about another to a third party
Written defamation about a product or service
Federal reforms passed as a result of the collapses of companies such as Enron, provides for longer sentences and higher fines for both executives and companies
Order issued by a court or administrative agency to stop a practice that it decides impropoer
Direct sale to customers in foreign countries
General agreement on tariffs and trade(trade without discrimination and protection through tariffs)
Constitutional right to be heard, question witnesses and present evidence
Requirement that an agency make its final decision before the parties go to court
Federal Law that makes it a felony to influence decisions makers in other countries for the purpose of obtaining business(contracts for sales or service)
Federal law that establishes the operating rules for administrative agencies
Involves transfer of technology rights in a product so that it may be produced by a different business organization in a foreign country in exchange for royalties and other payment
Tort of intentional intrusion into the private affairs of another
Media privilege to print inaccurate information without liability for defamation so long as a retraction was printed and there was no malice
Written or visual defamation without legal justification

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