College Level Placement Exams for Business Law

CLEP is the College Level Examination Program in which college credit is given when passing one of 34 different examinations such as Introductory Business Law. You can earn between 3 and 12 college credits depending on your college or university’s CLEP policy. Passing the Introductory Business Law exam allows you to skip this general introductory or pre-requisite course that is generally required for other college or university law classes.

Getting Started

Your should find out if your college accepts CLEP by talking to a counselor or other academic advisor at the admissions office. You can register to take the Business Law exam by making an appointment with a CLEP test center (see Resources). The exam will consist of 100 questions with a time limit of 90 minutes to complete the exam. You will need at least a score of 50 or better to pass the exam depending on the requirements of your school. The exam will cost $72 and a sitting fee of $20 may apply at your testing center. You will be given additional time before the exam officially starts to answer practice questions and read through tutorials.

Required Knowledge and Skills

You will be need to demonstrate your ability to understand and comprehend various subject matter that pertains to business law. This includes having knowledge of basic facts and terms about business law which accounts for about 30% to 35% of the exam. You will also be tested on various concepts and principals that pertain to business law which accounts for another 30% to 35% of the exam. There will also be an additional 30% of the exam that will require you to apply facts and knowledge to specific case problems. Exam topics you will see include contracts, legal environment, torts, the American legal system and sources of American law.

Practice Tests

Taking a practice test is the best way to see if all of your studying and preparation has paid off or if there are areas that you need to review. Practice CLEP Business Law exams can be taken online at the Testing and Education site at Pearson’s (see Resources). Peterson’s offers three full-length CLEP Business Law practice tests. You can view detailed explanation for every answer which can aid in your preparation efforts. When taking the first practice test write down the questions you missed and study the subject matter and not particular questions. Take the second exam and as before study the subjects of the questions that were missed. Take the third practice exam to see what areas you need to focus on before taking the actual exam.