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

523 users submitted test results since January, 2006.
474 of those users reported a passing score (91%).

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
Mar 10, 2023passed65
Feb 21, 2023failed38
Feb 6, 2023passed53
Feb 2, 2023passed66
Jan 30, 2023passed55
Jan 26, 2023passed70
Jan 16, 2023passed74
Nov 18, 2022passed57
Aug 26, 2022passed54
Jul 19, 2022passed65
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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