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Business Law 320 –Exam -Questions + A+ Answers

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Business Law 320 –Exam -Questions + A+ Answers. This document contains Business Law 320 exam questions and A+ verified answers, covering core topics such as contracts, torts, legal systems, business ethics, agency law, and commercial law. Designed to help students prepare for midterm or final exams, this guide includes both multiple-choice and short-answer format questions with clear, detailed explanations. Perfect for students seeking a fast, high-scoring review of key legal concepts in business.

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Business law

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Business Law 320 –Exam -Questions + A+ Answers

Questions and Mark scheme


Version: Final 1.1

, complaint - ✔✔a formal notice that a lawsuit is being brought



answer - ✔✔Procedurally, a defendant's response to the plaintiff's complaint.



administrative claim for damages - ✔✔



long arm statue - ✔✔a court can exercise personal jurisdiction over certain out-of-state defendants based on activities
that took place within the state



minimum contacts - ✔✔the defendant must have sufficient connection to the state for the judge to conclude that it is
fair for the state to exercise power over the defendant



jurisdiction - ✔✔The authority of a court to hear a case



subject matter jurisdiction - ✔✔the power of a court to hear a particular type of case



diversity of citizenship - ✔✔Under Article III, Section 2, of the Constitution, a basis for federal court jurisdiction over a
lawsuit between (1) citizens of different states, (2) a foreign country and citizens of a state or of different states, or (3)
citizens of a state and citizens or subjects of a foreign country. The amount in controversy must be more than $75,000
before a federal court can take jurisdiction in such cases.



federal question - ✔✔A question that pertains to the U.S. Constitution, acts of Congress, or treaties. A federal question
provides a basis for federal jurisdiction.



service of process - ✔✔a summons being served on a defendant to obtain personal jurisdiction over him or her



voire dire - ✔✔The process in which the attorneys question prospective jurors to learn about their backgrounds,
attitudes, biases, and other characteristics that may affect their ability to serve as impartial jurors.



standing to sue - ✔✔the requirement that plaintiffs have a serious interest in a case, which depends on whether they
have sustained or are likely to sustain a direct and substantial injury from a party or an action of government



finder of facts - ✔✔jury

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