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Year 9 Commerce - All Topics Flashcards | StudBud
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Year 9 Commerce - All Topics
Year 9 Commerce - All Topics
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Commerce Year 9 definitions terminology concepts
Flashcards
50 cards
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Practice quiz
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Questions
50
Answers
1
The group of select government MPs that meets regularly to decide major issues of government
Constitution
Senate
House of Representatives
Cabinet
2
At what age can a person be charged with a criminal offence? What term describes this?
14. Mature and responsible
18. Legally adult
10. Doli incapax
8. Of age
3
What is the correct order of courts from low to high?
Local, District, Supreme, High
District, Local, Supreme, High
High, Supreme, District, Local
Supreme, Federal, District, High
4
A system of law based on previous decision of judges, or precedents are
Statute law
Common law
Military law
Law reports
5
Town planning, libraries and parks are responsibilities of
Federal government
MPs
State government
Local government
6
Negligence, defamation, nuisance and trespass are all types of what law?
Civil
Tort
Criminal
Property
7
An email offering a fake prize to tempt you to enter personal details is an example of
Hacking
Phishing
A pyramid scheme
Bait-and-switch advertising
8
The party that commences a civil action is known as a
Defendant
Plaintiff
Prosecutor
The Crown
9
The amount of money to be paid to receive insurance cover is called
A premium
A waste of money
A fee
A bill
10
Law Topic: Definition of "balance of probabilities" is...
when a person is judged by a court to be insolvent
the standard of proof required in a criminal trial
the standard of proof in civil trials
the power an individual has by holding the casting vote
11
This political party is concerned with minimising tax and government interference on daily life
Labor
Nationals
Liberals
Greens
12
Caveat emptor means
save money for a rainy day
advertising standards
let the buyer beware
consumer guarantee
13
An argument FOR the jury system could be...
Juries do not have to give reasons for their decisions
It costs a lot of money to operate
Juries can be persuaded by the skills of clever lawyers
The final decision is made by more than one person
14
Contacting (by telephone, internet or in person) a number of sellers to obtain the best deal is
Comparison shopping
A waste of time
Online shopping
Haggling
15
A type of government that is based on a constitution and has a queen/king as its head of state
autocracy
republic
constitutional monarchy
monarchy
16
Which step of passing a bill finalises the process?
The Senate votes to pass the bill
Governor-General signs it and gives Royal Assent
The second reading takes place
A double dissolution is called
17
Decisions around budgeting and saving are...
Legal decisions
Financial decisions
Business decisions
Employment decisions
18
The Parliament, the Executive and the Judiciary make up Australia's....
Court structure
Legal system
Separation of powers
Court personnel
19
A store with only a few basic items that are easy to access is characterised by
Regional shopping centres
Local shops
IGA Greenwood Plaza
Online shop
20
When borrowing money, a lender will check your...
criminal record, capacity and college qualifications
character, comparison shopping history and family dynamic
character, capacity and collateral
charisma, capacity and collateral
21
In politics, MP stands for
Member of parliament
Member of politics
Minister of parliament
Minister of politics
22
Which statement is true?
Politicians interpret, police enforce & lawyers punish crims
Politicians enforce, police make & courts interpret laws
Law-breakers are punished by courts and police make laws
Politicians make, police enforce & courts interpret laws
23
What is NOT a question to ask yourself before you decide to buy something?
What time of day is it?
Do I really want this item?
Is there something better?
Can I afford it?
24
Which laws belong to private law?
Constitutional and Industrial
Criminal and Tort
Property and Criminal
Tort and Family
25
A serious criminal offence is known as
Assault
Sueing
An indictable offence
A summary offence
26
A magistrate is the head of the District Court in NSW.
False
True
27
What is a reason FOR borrowing money?
Impulse buying
Interest charges
Possible savings
Inability to repay
28
Woolworths Neutral Bay, JB HiFi and Bondi markets are examples of...
Non-store retailers
Wholesalers
Retail stores
Manufacturers
29
Any practice by a seller that is just not reasonable and often illegal is called...
Unconscionable conduct
A scam
A ripoff
Smart business strategy
30
The largest independent consumer watchdog protecting consumer rights is
ASIC
ACCC
Choice
Ombudsman
31
A quota to determine elected Senators is calculated by the total number of votes..
halved then multiply by the number of candidates
divided by 1 more than the number of Senators to be elected
divided by the number of States and Territories
halved then add one
32
Document from a lender stating that a person has failed to carry out the terms of the contract
Penalty notice
Creditor
Default notice
Garnisheed
33
A candidate or MP not associated with a political party is called a
Independent
Trump
Fool
Senator
34
Aboriginal law was based on what idea? It outlined sharing food, marriage, education and trade
Military law
Corporal punishment
Kinship
Dreaming
35
Putting all your savings into blue chip shares is a good investment decision
True
False
36
Military law was necessary in Australia from 1788-1828 because
The Aboriginal resistance to colonisation
Governor Arthur Phillip was a dictator
The settlers mostly either convicts or soldiers
There were no lawyers or judges on the first fleet
37
A business that buys goods in large quantities from the manufacturer is a
freight company
retailer
wholesaler
online shop
38
This process is the only way to change the Australian Constitution.
Passing a bill
Plebiscite
Referendum
Ballot
39
Consumer Choice Topic - Definition "things done for you by others"
goods
wants
services
needs
40
A cooling-off period when seeking financial advice is...
A period of time for financial advisers to determine plans
A period of time in which you cannot change your mind
A period of time in which you can get out of a contract
The first 5 minutes after school finishes
41
Why do people sometimes 'go guarantor' when borrowing money?
It makes borrowing money easy
It can ruin a relationship
It allows the guarantor access to your purchases
It allows you to borrow money if your credit rating is low
42
Definition - "to attempt to enlist popular and political support for some particular cause"
petition
lobby
Snapchatting
cyber activism
43
An adversarial system of courts is
No longer used
A system where 2 opposing sides argue to a magistrate/judge
One side presents a case separately to a magistrate/judge
A system where 2 opposing sides argue to each other
44
Choosing to buy a car at 18 versus buying a video game at 15 is the result of
Age
Gender
Convenience
Finance
45
"Putting money into something in order to make a profit"
Investing
Buying a good
Business
Is how to retire early
46
Personal Finance Topic - professionals such as dentists, doctors and solicitors earn money via
a salary
fees
commission
a wage
47
Politics Topic: Half the number of formal votes received in an election plus one refers to...
ballot paper
referendum
quota
absolute majority
48
I have learned ________ in Commerce this year
Some stuff
Plenty
Nothing
Not much
49
EFTPOS stands for
electronic funds transferred at point of sale
electronic fiance transfer at point of sale
electric funds transfer at point of sale
electronic funds transfer at point of sale
50
The elements of a contract are:
1. Offer 2. Consideration 3. Acceptance
1. Offer 2. Acceptance 3. Consideration
1. Consideration 2. Offer 3. Acceptance
1. Think 2. Accept 3. Shake hands
