What is "Jurisdiction"?

The official power to make legal decisions

What is a "Breach of Contract"?

When the terms of a contract are not fulfilled

What is "Due Diligence" in business?

A detailed examination of a business

What is a "Plaintiff"?

The person who brings a case against another

What is a "Settlement"?

A legal agreement ending a dispute

What is "Intellectual Property"?

Creations of the mind, such as inventions; literary and artistic works

What does "Indemnify" mean in a contract?

To secure against hurt, loss, or damage

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Business English: Business-related Legal English

12 termsStudBud Administration191 plays

Engage with the language of Business English, honing in on Business-related Legal English, in our interactive Quiz! This educational resource, designed for students, parents, and educators, equips you with vital language skills for navigating the intricacies of business law. Familiarize yourself with legal terminology, enhancing your business communication. #LegalLanguageSkills #BusinessLawTerminology #BusinessLegalExpertise

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Questions 12

Answers

1
What is "Jurisdiction"?
None of the above
The location of a business
The act of setting up a business
The official power to make legal decisions
2
What is a "Liability"?
A company's profit
An asset
A business partner
An obligation or debt
3
What is an "Affidavit"?
A type of contract
An appointment of a new CEO
A sworn written statement
A business strategy
4
What is "Trademark"?
A company's business plan
None of the above
A product a company sells
A brand's distinctive design or logo
5
What is a "Breach of Contract"?
When a contract is signed
When a contract is being negotiated
When the terms of a contract are not fulfilled
When a contract is executed as per terms
6
What is "Due Diligence" in business?
A late payment
A corporate strategy
An obligation
A detailed examination of a business
7
What is a "Plaintiff"?
The person who brings a case against another
A person who defends a case
A lawyer
The judge in a case
8
What is "Arbitration"?
A way to draft contracts
A kind of business partnership
None of the above
A method of dispute resolution
9
What is a "Settlement"?
A legal agreement ending a dispute
A process of setting up a business
A new business location
A payment made to a supplier
10
What is "Confidentiality"?
The state of being kept secret
None of the above
The act of being confident
The state of being public
11
What is "Intellectual Property"?
Creations of the mind, such as inventions; literary and artistic works
Real estate owned by a company
Products and services offered by a company
The creativity of a company's staff
12
What does "Indemnify" mean in a contract?
To put on hold
To dissolve
To breach
To secure against hurt, loss, or damage

Business English: Business-related Legal English Flashcards | StudBud

Business English: Business-related Legal English

12 termsStudBud Administration191 plays

Flashcards12 cardsFPractice quizPHost liveL

Questions 12

Answers

1
What is "Jurisdiction"?
None of the above
The location of a business
The act of setting up a business
The official power to make legal decisions
2
What is a "Liability"?
A company's profit
An asset
A business partner
An obligation or debt
3
What is an "Affidavit"?
A type of contract
An appointment of a new CEO
A sworn written statement
A business strategy
4
What is "Trademark"?
A company's business plan
None of the above
A product a company sells
A brand's distinctive design or logo
5
What is a "Breach of Contract"?
When a contract is signed
When a contract is being negotiated
When the terms of a contract are not fulfilled
When a contract is executed as per terms
6
What is "Due Diligence" in business?
A late payment
A corporate strategy
An obligation
A detailed examination of a business
7
What is a "Plaintiff"?
The person who brings a case against another
A person who defends a case
A lawyer
The judge in a case
8
What is "Arbitration"?
A way to draft contracts
A kind of business partnership
None of the above
A method of dispute resolution
9
What is a "Settlement"?
A legal agreement ending a dispute
A process of setting up a business
A new business location
A payment made to a supplier
10
What is "Confidentiality"?
The state of being kept secret
None of the above
The act of being confident
The state of being public
11
What is "Intellectual Property"?
Creations of the mind, such as inventions; literary and artistic works
Real estate owned by a company
Products and services offered by a company
The creativity of a company's staff
12
What does "Indemnify" mean in a contract?
To put on hold
To dissolve
To breach
To secure against hurt, loss, or damage