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
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 this Exam

456 users submitted test results since January, 2006.
420 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
Jan 25, 2020passed70
Jan 17, 2020passed68
Jan 17, 2020passed61
Jan 10, 2020passed54
Dec 21, 2019passed58
Oct 31, 2019passed55
Sep 18, 2019passed67
Sep 1, 2019passed67
Aug 3, 2019passed57
Jul 19, 2019passed53
Live, unfiltered results posted by InstantCert students

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* 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.

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