CLEP* Study Guide

Introductory Business Law

The only study guide that teaches you what you need to know to pass the Introductory Business Law exam (with no prior knowledge needed), and is constantly updated based on student feedback to guarantee you the best possible results.

About the CLEP* Exam

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
Meanings of terms
Formation of contracts
Joint obligations
Contracts for the benefit of third parties
Statute of frauds
Scopes and meanings of contracts
Breach of contract
Discharge of contracts
Illegal contracts
Legal Environment
Social responsibility of corporations
Government regulation/ administrative agencies
Environmental law
Securities and antitrust law
Employment law
Creditors' rights
International business law

Customer Test Results for this Exam

462 users submitted test results since January, 2006.
427 of those users reported a passing score (92%).

Below are ten of the most recent user-submitted test results. These are unfiltered, real results that were submitted by InstantCert students:

Date of ExamResultScore
Jul 17, 2020passed54
Jun 22, 2020passed59
Apr 15, 2020passed68
Mar 27, 2020passed65
Jan 25, 2020passed70
Jan 17, 2020passed68
Jan 17, 2020passed61
Jan 10, 2020passed54
Dec 21, 2019passed58
Oct 31, 2019passed55
Live, unfiltered results posted by InstantCert students

Try this Study Guide at NO Risk

Our Introductory Business Law CLEP Study Guide is covered by our 30-Day Risk-Free Unconditional Money Back Guarantee. Sign up now and put it to the test. If you don't like it, get your money back, no questions asked!

* CLEP is a registered trademark of the College Board, which was not involved in the production of, and does not endorse, this product.

Our Study Guide:

- 453 flashcards with detailed explanations.
- Updated "Insider" tips from other students.
- NO prior knowledge required.
- 100% online. Start studying instantly.

Latest articles

  • article image

    What are InstantCREDIT Courses?

    BY Steven Gloer ON Aug 13

    Learn about our new ACE-reviewed Credit courses which allow you to earn college credit at many colleges in the United States, entirely from home without going to a test center.

  • article image

    InstantCREDIT Courses

    BY Steven Gloer ON Aug 13

    InstantCert's own ACE-reviewed courses that can be transferred for credit to colleges that accept courses reviewed by the ACE (American Council on Education).

  • article image

    When are the InstantCert Flashcards NOT enough?

    BY Steven Gloer ON Jul 2

    In this article, we discuss a few scenarios where you may consider supplementing the InstantCert Flashcards.