About This Chapter
Studying for Business 103 - Summary
These fun and interactive business law flashcards cover several types of law, such as property law and contract law. Use these study tools to review important definitions and concepts related to American law history, sources, systems and more. Some of the topics you'll study include:
- Contract, property, securities and antitrust law
- Breach of contract
- Contract parties, roles, scopes and meanings
- The rights of creditors
- U.S. law history
- The legal environment
- Consumer protection
- Product liability
- American law sources
- Sales and torts
- Legal systems in the U.S.
How They Work
Flashcards offer an effective studying method because the repetition of definitions and concepts helps you to commit them to memory.
- Open a flashcard set for the business law topic you're studying.
- Identify the image, word, or legal concept on the flashcard.
- Click the button to flip the card and view the answer.
- Select whether you got it right or missed it to keep track of your progress.
- Click the Next arrow to proceed through the flashcard set.
- Review the cards you missed or shuffle all cards back in and go through them again.
History of U.S. Law Flashcards
Review the basis of U.S. law with these flashcards. You can go over the principles that guided English common law and how it was adapted in the U.S. Additionally, you'll be able to consider business law and the principle of stare decisis.
Sources of American Law Flashcards
Working on these flashcards can help you review the different branches of government in the U.S. You can also go over the Bill of Rights and important constitutional clauses.
U.S. Legal Systems Flashcards
You can use these flashcards to go over the court system used in the United States. You can also look at different aspects of civil and criminal law as well as private and public law.
Basics of Contract Law Flashcards
This flashcard set dives into contract law. Review contract types and important definitions, as well as understand the roles of different parties when it comes to acceptance, mutual assent, and discharge.
Contract Parties & Roles Flashcards
Review aspects of contract law with this flashcard set. You will learn more about legal capacity and third-party beneficiaries, including breach of contract. Delegation and assignment are also covered, which will detail the roles of each party.
Contract Scopes & Meanings Flashcards
Contracts are just verbal or written agreements between two parties, but they can be confusing. This flashcard set will help you understand how contracts work and what makes a contract legally binding.
Breach of Contract Flashcards
This flashcard set highlights the statute of frauds and contract enforcement. Learn their purposes and how they apply to the categories under the statute of frauds. Find out the way a contract can be breached and the remedies available when it is.
Legal Environment Flashcards
This set of flashcards can help you go over ethical law practices as well as natural and legal rights. You can focus on types of corporate liability and ethical decision-making models.
Securities & Antitrust Law Flashcards
This set of flashcards can help you review the history of antitrust legislation in the United States. You can go over the agreements these laws regulate as well as different kinds of securities.
Property Law Flashcards
You can work on these flashcards to review different kinds of estates and property. Additionally, you'll be able to go over information about copyrights, intellectual property, patents and trademarks.
Creditors' Rights Flashcards
Go over different forms of bankruptcy and the rights of creditors when lending money. You can use these flashcards to review types of creditors, kinds of debt and what occurs when individuals default on their loans.
Product Liability & Consumer Protection Flashcards
Work with these flashcards to go over the U.S. laws designed to protect credit and privacy. You can also review different theories of product liability and types of warranties.
Torts & Sales Flashcards
You can check out the flashcards in this set to review different types of torts. You'll also find cards that cover the Uniform Commercial Code and various kinds of sales contracts.
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Other chapters within the Business 103: Introductory Business Law course
- The American Legal System & Sources of Law
- The U.S. Constitution & Business
- The Basics of Contract Law
- Legal Requirements to Form a Contract
- Third Party Rights in Contracts
- Breach of Contract & Remedies
- Discharge of Contracts
- UCC Sales Contracts
- Introduction to Tort Law
- Product Liability & Consumer Protection
- Debtors' & Creditors' Rights
- Agency's Role in Business Law
- The Legal & Ethical Environments of Business