What Is Business Law? - Definition & Overview


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question 1 of 3

Business law includes all of the following areas of law EXCEPT:

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1. Several lawsuits were filed against General Motors as accidents and deaths were linked to the discovery that several of the company's automobiles had faulty ignition switches. This led to engines shutting off while individuals were driving, airbags not inflating, and power steering and brakes being disabled. Which of the following types of claims is this an example of?

2. Businesses that sell items need to be familiar with the provisions of:

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About This Quiz & Worksheet

Business law encompasses a vast array of specialized types of law. This quiz and worksheet combination will help test how much you know about several of these specializations by asking questions about different legal issues.

Quiz & Worksheet Goals

Prepare to be tested on the following issues:

  • Relative congressional acts
  • Various types of business law
  • Business agreements
  • Types of claims

Skills Practiced

This quiz will enable you to practice these study skills:

  • Reading comprehension - ensure that you draw the most important information from the related legal lesson
  • Information recall - access the knowledge you've gained regarding legally binding agreements
  • Knowledge application - use your knowledge to answer questions about business law

Additional Learning

Learn more about this topic by reviewing the related lesson, What is Business Law? - Definition & Overview. This lesson will address the following objectives:

  • Define business law
  • Learn what types of laws will be addressed when you start a business
  • Identify aspects of laws relating to buying a business
  • Understand how managing a business is impacted by the law
  • Determine what laws are involved if you close a business