Study sets matching "business law chapter 4"

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Study sets matching "business law chapter 4"

24 terms
Business Law Chapter 4
Crime
False Pretenses
Fence
Vicarious Criminal Liability
Punishable offense against society
When someone obtains money or other property by lying about p…
Someone who receives stolen property
The holding of a corporation or one of its officers criminall…
Crime
Punishable offense against society
False Pretenses
When someone obtains money or other property by lying about p…
40 terms
Business Law - Chapter 4
crime
vicarious criminal liability
felony
misdemeanor
punishable offense against society
criminal intent of one (such as an employee) is used to subst…
a crime punishable by confinement for more than a year in a s…
a less serious crime punishable by confinement in a country o…
crime
punishable offense against society
vicarious criminal liability
criminal intent of one (such as an employee) is used to subst…
22 terms
Business Law Chapter 4
Contract
Offer
Acceptance
Mirror Image Rule
any agreement enforceable by law
proposal by one party to another party to enter into a contract
unqualified willingness to go along with an offer
the terms stated in the acceptance must match the terms of th…
Contract
any agreement enforceable by law
Offer
proposal by one party to another party to enter into a contract
30 terms
Business Law Chapter 4
The taking back of an offer
A contract that has no legal effect -…
An agreement enforceable by law.
Acceptance must be ___________________…
revocation
void
contract
unconditional
The taking back of an offer
revocation
A contract that has no legal effect -…
void
18 terms
Business Law Chapter 4
Federal System
Constitution
Tripartite
Legislative Branch
The system of government in which a central government is giv…
A body of principles that establishes the structure or a gove…
Three-part division (of government).
The branch of government (e.g. Congress) formed to make the l…
Federal System
The system of government in which a central government is giv…
Constitution
A body of principles that establishes the structure or a gove…
28 terms
Business Law (Chapter 4)
Civil Litigation
Standing
Statue of Limitations
Plaintiff
is the term used to describe a dispute resolution in which th…
the legally protectible stake or interest that an individual…
a type of federal or state law that restricts the time within…
the party who initiates a lawsuit by filing a complaint with…
Civil Litigation
is the term used to describe a dispute resolution in which th…
Standing
the legally protectible stake or interest that an individual…
19 terms
Business Law - Chapter 4
litigate
mediator
arbitrator
court
to resolve disputes in court
independent third party who tries to develop a non-binding so…
independent third party who develops a binding & enforceable…
governmental forum that administers justice under the law
litigate
to resolve disputes in court
mediator
independent third party who tries to develop a non-binding so…
Business Law - Chapter 4
Defamation
Libel
Slander
Trade Libel
The act of harming a person's reputation
The spreading of damaging statements in written form
The spreading of damaging words or ideas about a person
An individuals title to property
Defamation
The act of harming a person's reputation
Libel
The spreading of damaging statements in written form
23 terms
Business Law Chapter 4
Crime
Three Elements of Criminal Acts
Breach of Duty
You have a duty to
punishable offense against society
1. Whether you had a duty imposed by criminal stature to do o…
specific conduct of the defendant that violates the statute i…
conform your conduct to the law's requirements
Crime
punishable offense against society
Three Elements of Criminal Acts
1. Whether you had a duty imposed by criminal stature to do o…
21 terms
Business Law, Chapter 4 Vocabulary
crime
vicarious criminal liability
felony
misdemeanor
a punishable offense against society
occurs when the criminal intent of the employee is used as a…
a crime punishable by confinement for more than a year in a s…
a less serious crime usually punishable by confinement for le…
crime
a punishable offense against society
vicarious criminal liability
occurs when the criminal intent of the employee is used as a…
23 terms
Business Law Chapter 4
Acceptance
Bilateral contract
Contract
Express contract
The offeree's manifestation of assent to the terms of the off…
One in which a promise is exchanged for another promise.
An agreement that may been enforced. A bargained-for exchange.
One in which the offer and acceptance are clearly stated in e…
Acceptance
The offeree's manifestation of assent to the terms of the off…
Bilateral contract
One in which a promise is exchanged for another promise.
51 terms
Business Law Chapter 4
Tort
Tort Law
Business tort
Cyber tort
A wrongful act (other than a breach of contract) that results…
law wherein society tries to ensure that those who have suffe…
wrongful interference with another's business rights and rela…
A tort committed in cyberspace
Tort
A wrongful act (other than a breach of contract) that results…
Tort Law
law wherein society tries to ensure that those who have suffe…
Business law chapter 4
business ethics
categorical imperative
corporate social responsibility (CSR)
Cost-benefit analysis
looks at the decisions businesses make or have to make and wh…
when a business makes unethical decisions, it often rationali…
combines a commitment to good citizenship wit ha commitment t…
which involves an assessment of the negative and positive eff…
business ethics
looks at the decisions businesses make or have to make and wh…
categorical imperative
when a business makes unethical decisions, it often rationali…
Business Law Chapter 4
Contempt of Court
Crime
Defense
Felony
action that hinders the administration of justice in court
punishable offense against society
at criminal law, a legal position that allows the defendant t…
crime punishable by more than one year in jail, or fine of mo…
Contempt of Court
action that hinders the administration of justice in court
Crime
punishable offense against society
41 terms
Chapter 4 business law
crime
vicarious criminal liability
felony
misdemeanor
A punishable offense against society.
Occurs when the criminal intent of the employee is used as... su…
A crime punishable by confinement for more than a year in a s…
A less serious crime usually punishable by confinement for le…
crime
A punishable offense against society.
vicarious criminal liability
Occurs when the criminal intent of the employee is used as... su…
Business Law Chapter 4
federal form of government
police powers
privileges and immunities clause
sovereignty
national government and the state share sovereign power.
state regulatory powers
article IV section 2 of the constitution provides that the ci…
independence state government have the authority to regulate…
federal form of government
national government and the state share sovereign power.
police powers
state regulatory powers
36 terms
Business Law // Chapter 4: Criminal Law and Procedure
Severity of potential punishment
Grant of immunity
Crime
Types of larceny
How is a crime classified between felony and misdemeanor
Eliminates a person's right to refuse to testify on the groun…
A punishable offense against society
Robbery, burglary, shoplifting, pick pocketing, purse snatching
Severity of potential punishment
How is a crime classified between felony and misdemeanor
Grant of immunity
Eliminates a person's right to refuse to testify on the groun…
18 terms
Business Law Chapter 4
Bill of Rights
checks and balances
commerce clause
due process clause
The First 10 Amendments to the Constitution
The national government is composed of three separate branche…
The provision in Article I Section 8 of the US Constitution t…
The provisions of the 5th and 14th Amendments to the Constitu…
Bill of Rights
The First 10 Amendments to the Constitution
checks and balances
The national government is composed of three separate branche…
31 terms
Business Law Chapter 4
white-collar crime
false pretenses
bribery
antitrust
Another name for business crime.
A crime where a person obtains money by lying about a past or…
A crime where money is offered to influence the performance o…
A type of law that forbids competing price fixing.
white-collar crime
Another name for business crime.
false pretenses
A crime where a person obtains money by lying about a past or…
20 terms
Business Law Chapter 4 Vocabulary
Bill of Rights
checks and balances
commerce clause
compelling government interest
the first ten amendments
each branch of the national government has some power of the…
the provision in the Constitution in Article 1, Section 8, th…
Constitutionality test that requires government to have compe…
Bill of Rights
the first ten amendments
checks and balances
each branch of the national government has some power of the…
26 terms
Business Law - Chapter 4
Crime
vicarious criminal liability
Felony
Misdemeanor
a punishable offense against society
substituted criminal liablilty
a crime punishable by confinement for more than a year in a s…
a less serious crime
Crime
a punishable offense against society
vicarious criminal liability
substituted criminal liablilty
Business Law - Chapter 4: Constitutional Law
Federalism
Judicial Review
Supremacy Clause
Federal Preemption
A system of government in which power is divided between a ce…
The power of a dirt to review legislative and executive actio…
States that the Constitution and all laws and treaties of the…
A principle asserting the supremacy of federal legislation ov…
Federalism
A system of government in which power is divided between a ce…
Judicial Review
The power of a dirt to review legislative and executive actio…
22 terms
Business Law Chapter 4--Criminal Law and Procedure
Contempt of Court
Crime
Defense
Felony
An action that hinders the administration of justice.
An act that is a punishable offense against society.
Legal position taken by the accused to defeat the charges aga…
Crime punishable by confinement for more than a year in state…
Contempt of Court
An action that hinders the administration of justice.
Crime
An act that is a punishable offense against society.
Chapter 4 Business Law
Provisions of the Fifth and Fourteenth…
Substantive Due Process
Procedural due process
A Kansas City law imposes prison terms…
. individuals and corporations.
Limits What Government may do in its legislative and executiv…
The government must give a person proper notice and an opport…
Procedural due process
Provisions of the Fifth and Fourteenth…
. individuals and corporations.
Substantive Due Process
Limits What Government may do in its legislative and executiv…
19 terms
Business Law - Chapter 4 Vocabulary
contract
offer
acceptance
genuine agreement
...
...
...
...
contract
...
offer
...
40 terms
Chapter 4 Business Law
The doctrine of stare decisis, though…
While at the park, Tasha saw a small c…
The largest source of new law is court…
The majority of work done by legislati…
F
F
F
T
The doctrine of stare decisis, though…
F
While at the park, Tasha saw a small c…
F
Business law Chapter 4
crime
vicarious criminal liability
felony
misdemeanor
punishable offense against society
substituted criminal liability
crime punishable by more than one year in jail, a fine more t…
crime punishable by up to one year in jail, a fine less than…
crime
punishable offense against society
vicarious criminal liability
substituted criminal liability
14 terms
Business Law Chapter 4 Vocab
Crime
Vicarious Criminal Liability
Felony
Misdemeanor
punishable offense against society
substituted criminal liability
crime punishable by more than 1 year in jail, a fine of more…
crime punishable by up to 1 year in jail, a fine of less than…
Crime
punishable offense against society
Vicarious Criminal Liability
substituted criminal liability
Business Law Chapter 4
Bill of Rights
Checks and Balances
Commerce Clause
Compelling Government Interest
first ten amendments to the U.S. Constitution
the system by which ... each of the three branches of the nation…
provision in Article I, ... Section 8, of the U.S. Constitution…
a test of constitutionality that requires the government to h…
Bill of Rights
first ten amendments to the U.S. Constitution
Checks and Balances
the system by which ... each of the three branches of the nation…
Business and Personal Law Chapter 4
Law of Torts Concept of Rights
Crime
tort
difference between tort and crime
• Be free from bodily harm... • Enjoy a good reputation... • Conduc…
act against
a tort does not require the government to punish the wrongdoer
Law of Torts Concept of Rights
• Be free from bodily harm... • Enjoy a good reputation... • Conduc…
Crime
act against
23 terms
Business Law- Chapter 4: Constitutional Law
Federalism
Judicial Review
Supremacy Clause
Federal Preemption
A system of government in which power is divided between a ce…
The power of a dirt to review legislative and executive actio…
States that the Constitution and all laws and treaties of the…
A principle asserting the supremacy of federal legislation ov…
Federalism
A system of government in which power is divided between a ce…
Judicial Review
The power of a dirt to review legislative and executive actio…
21 terms
Business Law I Chapter 4 Vocabulary
common law
bystander
bill
veto
Judge-made law; that is, the sum total of all the decisions m…
A witness who observes an event but takes no part in it, and…
A proposed statute, submitted to Congress or a state legislat…
The power of the president to reject legislation passed by Co…
common law
Judge-made law; that is, the sum total of all the decisions m…
bystander
A witness who observes an event but takes no part in it, and…
Business Law, Chapter 4 Criminal Law
crime
vicarious criminal liability
felony
misdemeanor
a punishable offense against society
occurs when the criminal intent of the employee is used as a…
a crime punishable by confinement for more than a year in a s…
a less serious crime usually punishable by confinement for le…
crime
a punishable offense against society
vicarious criminal liability
occurs when the criminal intent of the employee is used as a…
Business Law Chapter 4
Tort
Cyber Tort
Damages
Compensatory Damages
A wrongful act (other than a breach of contract) that results…
A tort committed in cyberspace.
A monetary award sought as a remedy for a breach of contract…
A monetary award equivalent to the actual value of injuries o…
Tort
A wrongful act (other than a breach of contract) that results…
Cyber Tort
A tort committed in cyberspace.
50 terms
Business Law--Chapter 4
adjudicatory hearing
answer
appellate court
arbitrator
The actual hearing of a juvenile case by the court
Formal written document from the defendant that admits/denies…
A court that reviews the decision of a trial court when a par…
Someone, other than a judge or jury, who can make a decision…
adjudicatory hearing
The actual hearing of a juvenile case by the court
answer
Formal written document from the defendant that admits/denies…
41 terms
Business Law Chapter 4
federal form of government
enumerated powers
Police powers
Privileges and immunities clause
the national government and the states share sovereign power
expressly delegated powers
state regulatory powers. Stems from the 10th amendment. Refer…
Article IV, Section 2. Prevents a state from imposing unreaso…
federal form of government
the national government and the states share sovereign power
enumerated powers
expressly delegated powers
22 terms
Business Law Chapter 4 Vocab.
Contract
Offer
Acceptance
Genuine Agreement
any agreement enforceable by law
a proposal by one party to another intended to create a legal…
the second party's unqualified willingness to go along with t…
an agreement is true and genuine; a valid offer is met by a v…
Contract
any agreement enforceable by law
Offer
a proposal by one party to another intended to create a legal…
34 terms
Business and Personal Law - Chapter 4
Contract
Offer
Acceptance
Genuine agreement
any agreement enforceable by law
a proppsal by one party to another intended to create a legal…
the second party's unqualified willingness to go along with t…
an agreement that is true and genuine: a valid offer is met b…
Contract
any agreement enforceable by law
Offer
a proppsal by one party to another intended to create a legal…
29 terms
Business Law I Chapter 4 Other
the bystander rule
Through no fault of the railroad, a tr…
The court held that the railroad had n…
Ed Carey was a farm laborer, working f…
A bystander has no legal duty to assist someone in peril unle…
What were the facts that led to the case of Union Pacific Rai…
What was the holding of the highest court reported in the tex…
What were the facts that led to the case of Carey v. Davis?
the bystander rule
A bystander has no legal duty to assist someone in peril unle…
Through no fault of the railroad, a tr…
What were the facts that led to the case of Union Pacific Rai…
16 terms
Chapter 4 Business Law
Federal form of government
Checks and balances
Commerce clause
Police powers
A system of government in which the states form a union and t…
The system by which each of the three branches of the nationa…
The provision in Article I, Section 8, of the U.S. Constituti…
Powers possessed by states as part of their inherent sovereig…
Federal form of government
A system of government in which the states form a union and t…
Checks and balances
The system by which each of the three branches of the nationa…
29 terms
Business Law Chapter 4
Alternative Dispute Resolution (ADR)
UPS five-step dispute resolution program
Why a business would prefer ADR rather…
Courts also support ADR because
the resolution of legal disputes through methods other than l…
1. Open Door: employees are encouraged to bring their problem…
ADR methods are generally faster and cheaper than litigation…
it alleviates some of the pressure on the overwhelming court…
Alternative Dispute Resolution (ADR)
the resolution of legal disputes through methods other than l…
UPS five-step dispute resolution program
1. Open Door: employees are encouraged to bring their problem…
11 terms
Business Law Chapter 4
Bedrock view
commerce clause
due process clause
ex post facto
a strict constructionist interpretation of a constitution
The clause in the Constitution (Article I, Section 8, Clause…
14th amendment clause stating that no state may deprive a per…
a law that would allow a person to be punished for an action…
Bedrock view
a strict constructionist interpretation of a constitution
commerce clause
The clause in the Constitution (Article I, Section 8, Clause…
Business Law Chapter 4
Crime
Vicarious Criminal Liability
Felony
Misdemeanor
a punishable offense against society
A person may be vicariously liable even if they did not commi…
a crime punishable by confinement for more than a year in a s…
a less serious crime
Crime
a punishable offense against society
Vicarious Criminal Liability
A person may be vicariously liable even if they did not commi…
Business Law Chapter 4
federal system
constitution
tripartite
legislative branch
the system of government in which a central government is giv…
a body of principles that establishes the structure of a gove…
three part division of government
the branch of government formed to make the laws (Congress)
federal system
the system of government in which a central government is giv…
constitution
a body of principles that establishes the structure of a gove…
Business Law Chapter 4
common law
stare decisis
precedent
predictability, flexibility
judge-made law; the sum total of all the cases decided by app…
"Let the decision stand" the ruling from a previous case
an earlier case that decided the issue
the law must have these two qualities
common law
judge-made law; the sum total of all the cases decided by app…
stare decisis
"Let the decision stand" the ruling from a previous case
Business Law Chapter 4
Common Law
Stare decisis
Precedent
Bill
Judge-made law
"Let the decision stand", that is, the ruling from a previous…
An earlier case that decided the issue
A proposed statute submitted to Congress or a state legislature
Common Law
Judge-made law
Stare decisis
"Let the decision stand", that is, the ruling from a previous…
13 terms
Chapter 4- Business Law
Business ethics
Categorical imperative
Corporate social responsibility
Cost- benefit analysis
Ethics in a business context; a consensus of what constitutes…
A concept developed by the philosopher Immanuel Kant as an et…
The concept that corporations can and should act ethically an…
A decision-making technique that involves weighing the costs…
Business ethics
Ethics in a business context; a consensus of what constitutes…
Categorical imperative
A concept developed by the philosopher Immanuel Kant as an et…
35 terms
Business Law: Chapter 4
Separation of Powers
Legislative Branch
Checks and Balances
Judicial Review
embraced in the Constitution through the creation of the thre…
composed of the Senate and House of Representatives
under the constitution, this is the process by which each bra…
empowers the federal courts with the ability to review action…
Separation of Powers
embraced in the Constitution through the creation of the thre…
Legislative Branch
composed of the Senate and House of Representatives
business law chapter 4
another name for business crime
a crime where a person obtains money f…
a crime where money is offered to infl…
a type of larceny where a building is…
white-collar crime
false pretenses
bribary
burglary
another name for business crime
white-collar crime
a crime where a person obtains money f…
false pretenses
7 terms
Business Law Chapter 4
Federal form of government
police powers
privilege and immunities clause
full faith and credit clause
national government and the states share sovereign pwer
state regulatory powers
prevent a state from imposing unreasonable burdens on citizen…
ensures the right established under deeds, wills, contact and…
Federal form of government
national government and the states share sovereign pwer
police powers
state regulatory powers
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