The Introductory Business Law CLEP Test is now available on MisterPrep.com. This new test features more than 450 practice test questions with integrated study guide on the main testing page. The Verizon 2 testing page is also available which allows studying the material more as flashcards. The two versions of the test will allow you to prepare for your test and pass with confidence.
The ACE (American Council on Education) recommends 3 lower level college credits for the Introductory Business Law CLEP Test.
Course Information and Overview
This exam covers material that is typically taught in an introductory-level college course. The multiple-choice CLEP exam consists of 90 questions and allows 90 minutes to complete.
In order to successfully pass this CLEP test you need to be familiar with the following:
Basic knowledge of facts and terms related to Business Law (30-35%)
Grasp of principles and concepts related to Business Law (30-35%)
Compilation and application of key concepts and knowledge to specific case problems (30%)
The Introductory Business Law CLEP exam contains questions that come from the following topics:
Constitutional Law and American Law, history and sources (5-10%)
Procedures and the legal system in the United States (5-10%)
Contracts (25-35%)
Understanding terms and definitions
Contract origination
Consideration
Capacity
Obligations, joint and otherwise
Third party contracts
Fraud statutes
Contractual scope and definitions
Breach of contract, remedies and discharge
Obligations of contracts
Illegal contracts
Legal Environment (25-30%)
Environmental law
Corporate responsibility and social obligation
Creditors’ rights and obligations
Product liability
Antitrust and securities law
Consumer protection
Business law – International
Torts (10-15%)
Other (5-10%)
Corporations and partnerships
Sales
If you’re not already a member of Mister Prep, we offer a free 10 day trial to check out our unique approach to CLEP and DSST learning. We currently offer 32 different tests to study in two unique formats. Try it out for free today!

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