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Introductory Business Law CLEP

(110 customer submitted test results)

Category: College Level Examination Program (CLEP)
Number of Questions: 298 main questions + 153 scenario/application questions

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Study Format: Fill-in-the-blank flashcards
ACE Recommended Exam Value: 3 lower-level credit hours

Course Overview

The Introductory Business Law CLEP exam is designed to test the student's knowledge of concepts taught in a typical one-semester undergraduate college course in introductory business law. InstantCert's flashcards for this subject are broken down into a main set of questions which teach you the terminology and concepts and another set of questions consisting entirely of scenario-based problems where you learn how the concepts apply to realistic situations. This means that you will be well prepared for the actual exam, which expects you not only to know the basic facts and principles of business law, but also to be able to apply that knowledge to specific case problems.

Topics Covered in This Course

American Legal Systems and Procedures

Contracts

Meanings of terms
Formation of contracts
Capacity
Consideration
Joint obligations
Contracts for the benefit of third parties
Assignment/delegation
Statute of frauds
Scopes and meanings of contracts
Breach of contract
Discharge of contracts
Illegal contracts

Legal Environment

Ethics
Social responsibility of corporations
Government regulation/ administrative agencies
Environmental law
Securities and antitrust law
Employment law
Creditors' rights
International business law

Torts

Customer Test Results for the Intro To Business CLEP

110 users submitted test results since January, 2009
102 of those users reported a passing score (93%)

The following are a sample of the test results submitted by members who’ve taken the Introductory Business Law CLEP exam after using InstantCert’s study program. These are unfiltered, unedited results and this list is automatically updated to show the ten most recent results:

August 28, 2010	User passed	with a score of	68 out of 80
August 26, 2010	User passed	with a score of	74 out of 80
August 12, 2010	User failed	with a score of	40 out of 80
July 20, 2010	User passed	with a score of	50 out of 80
July 17, 2010	User passed	with a score of	67 out of 80
June 28, 2010	User passed	with a score of	63 out of 80
June 21, 2010	User passed	with a score of	61 out of 80
June 9, 2010	User passed	with a score of	66 out of 80
May 27, 2010	User passed	with a score of	64 out of 80
April 19, 2010	User failed	with a score of	49 out of 80

Free Sample Of Intro To Business Law CLEP Questions

Get a taste of the InstantCert study experience with five actual flashcards pulled from our database. Remember, you're not expected to know anything about the subject beforehand. Just read the question, think about what the answer might be (typing it is optional), and then click "Continue" when you're ready to see the answer and explanation.

Related Exams with Overlapping Subject Matter

The Introductory Business Law CLEP will give you a great foundation for prepping for the Business Law II DSST exam, which is an upper-level exam and goes into more depth on contract law and other aspects of business law.