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Business rules were a new feature added into CRM 2013, so this means there will definitely be a few questions on business rules on the MB2-703 exam.
Business rules have a few quirks to them and I think you will find how they work interesting.
If you want to learn how business rules work, read my previous article on business rules
CRM 2013 – Understanding Business Rules
The notes below primary use is to study for the exam but they are also useful for understanding all the workings of business rules and their limitations
for my other exam notes and study information go to the link below
MB2-703 – CRM 2013 Customization and Configuration Certification
Business rules actions are
Show/Hide fields – Field visibility
Set business required attribute
Display error messages
Business rules can apply to all
Lock or unlock field
Set field values
Business Applications communities